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Tenancy Deposits Scotland - Frequently Asked Questions

Tenancy Deposits Scotland - Frequently Asked Questions

Since 2012, landlords in Scotland have been required to lodge security deposits in one of three approved tenancy deposit schemes. Landlords should by now be well aware of their obligations to lodge deposits within 30 working days and to provide tenants with specific information relating to the tenancy and the deposit. However, our LetLaw team regularly receive queries in relation to the amount of deposit which can legally be requested from tenants. Here are some of our most frequently asked questions about tenancy deposits Scotland.

What is the Private Residential Tenancy in Scotland?

What is the Private Residential Tenancy in Scotland?

The Private Housing (Tenancies) (Scotland) Act 2016 will introduce a new tenancy regime to Scotland called the Private Residential Tenancy (PRT). This new tenancy is anticipated to take effect sometime in December 2017.

What happens to assured and short assured tenancies when the PRT takes effect?

The 2016 Act provides that a tenancy cannot be an assured or short assured tenancy if it is granted after the effective date. This means that from that date all residential tenancies let to individuals will, by default, constitute

Will Tenants Be Evicted for Drug Convictions?

Will Tenants Be Evicted for Drug Convictions?

What can landlords do if they discover their property is being used for growing or supplying illegal drugs? Will tenants be automatically be evicted for drugs convictions? Surely if the tenant is convicted a landlord can expect to receive an order from the court allowing them to evict?

However, the case of Glasgow Housing Association v Stuart shows that landlords cannot merely rely on a drugs conviction in order to evict.

If a conviction isn't enough, then what is? Recent cases we have been involved

Additional Dwelling Supplement - one year on...

Additional Dwelling Supplement - one year on...

It has now been over a year since the introduction of the Additional Dwelling Supplement which came into force on 1 April 2016.

The Additional Dwelling Supplement (ADS) is an additional amount of Land and Buildings Transaction Tax (LBTT). The current rate of ADS is 3% on the full purchase price and applies to purchases of:-

  • Additional properties in Scotland, such as buy-to-let properties and second homes, with a value of £40,000 or more;
  • Where, at the end of the effective date of the transaction

Dementia Awareness Week

Dementia Awareness Week

This week is dementia awareness week in Scotland, culminating on Friday with Alzheimer Scotland's flagship annual conference in Edinburgh, where T C Young will be in attendance. There has also been additional press coverage in the last few weeks from politicians as they gear up for the General Election. Rather than kissing babies, it is the older generation who are being thrust into the spotlight as the various parties deliver their strategies for dealing with an aging population.

We pride ourselves on having a number

What is a Letter of Wishes?

What is a Letter of Wishes?

Our earlier blog on Wills spoke of the need for getting professional advice and not relying on a DIY Will. There is a document, however, which we would actively encourage you to DIY and that is a Letter of Wishes. A Letter of Wishes is often stored alongside Wills, and can act as a guide to your executors and trustees as to how the instructions in your Will should be implemented.

They are unlikely to include legal jargon, and will convey the feelings of

Innovative Housing Solution for Vulnerable Adult

Innovative Housing Solution for Vulnerable Adult

We were approached by a housing association client who wanted to help a vulnerable adult to remain living in his deceased parent's home. Otherwise there would be no option but for the adult to go into care, leaving the home he was comfortable in.

The housing association agreed to purchase a share, just under 50%, of the property in question and entered into an Occupancy Agreement with both the Trustees under the late mother's Will Trust and also with the representatives of the son. This

What's the Latest With the Scottish Property Market?

What's the Latest With the Scottish Property Market?

Registers of Scotland (RoS) recently released their Annual Market Review 2016 detailing activity in the Scottish residential property market for that year. So what's the latest news for the Scottish Property Market?

The key points highlighted in this report are: 

  • The volume of sales increased by 3.3% on 2015
  • The average price of a residential property fell by 1.9% compared with 2015
  • The value of the residential market in Scotland was in excess of £16.5 billion, an increase of 1.3% on the previous year

Taking

Conditional Performance Bonds v On Demand Performance Bonds

Conditional Performance Bonds v On Demand Performance Bonds

"The name is Bond..."

Employers under construction contracts often try to protect themselves against the risk of loss from a variety of events by asking the contractor for a performance bond.

A performance bond is a form of security provided by a third party, usually a bank or insurance company, guaranteeing the obligations of the contractor under the contract. A bond constitutes a promise that the guarantor (i.e. the bank/insurance company) will make a payment to the employer of a set amount (usually 10% of

Letting Agent Registration - Scottish Government Guidance

Letting Agent Registration - Scottish Government Guidance

Our blog headed 'Letting Agent Registration' (Less than) A Year To Go!' discussed the forthcoming requirements for letting agent registration following the enactment of the Letting Agent Registration (Scotland) Regulations 2016.

Anticipated Scottish Government guidance on letting agent registration has since been published and can be found here.

The guidance provides information on:

  • who needs to register
  • what you need to do before you register
  • what training and qualifications you must have in place before you make your application
  • guidance on protecting client money

Top Tips for Selling Your Property in Edinburgh

Top Tips for Selling Your Property in Edinburgh

Top Tips for selling your property in Edinburgh

  1. This is a good time to sell as there is a lack of stock on the market at present and there is a strong demand for many types of properties.
  2. From a selling point of view it is not worth holding off until Easter or better weather. In recent, previous years, partly due to lack of other stock and partly due to the year round nature of the market, many properties marketed in January and February have

What Could 'Right to Rent' Mean for Scotland?

What Could 'Right to Rent' Mean for Scotland?

IMMIGRATION CHECKS DO NOT YET APPLY TO LANDLORDS IN SCOTLAND! We previously blogged about the UK Immigration bill which proposed duties on landlords to carry out immigration checks on prospective tenants - essentially checking if someone has the right to rent.

The bill became law on 1st December 2014 in connection with premises located in specific local authorities in England. On 1st February 2016, the scheme was rolled out to the whole of England.

The UK Government now intends to roll out this

Letting Agent Registration - (Less than) A Year To Go!

Letting Agent Registration - (Less than) A Year To Go!

Regular readers of our blog will be aware that the Housing (Scotland) Act 2014 made provisions for the mandatory letting agent registration, regulation and training requirements in Scotland.

The Letting Agent Registration (Scotland) Regulations 2016 were laid before the Scottish Parliament in December 2016 and will come into force on 31st January 2018.

The Regulations require the most senior person in a letting agency business (unless they have no input into the letting agency's day-to-day running) and all persons directly concerned with managing and

Legal Help for Living with Dementia

Legal Help for Living with Dementia

Our firm was delighted to take part in a Dementia Friends information session which involved staff completing a number of activities with a view to understanding how to interact better with people living with dementia (for example always use the term 'living' with dementia, never 'suffering'). We are often asked about legal help for living with dementia.

Our team regularly find themselves helping people who are experiencing the heartbreaking effects of dementia and this was a great opportunity to learn more about the condition and

Advice for First Time Buyers

Advice for First Time Buyers

Buying your first home is an exciting prospect. In the past few years fewer people have been able to realise their dream of getting on the property ladder due to lack of sufficient mortgage availability, job uncertainty and the rise in property prices in many areas, particularly in Edinburgh and Glasgow. However the market is now picking up again - what advice for first time buyers should you be looking for?

If you are thinking of purchasing a property one of the first things you

Can I Write My Own Will? Keep the DIY for Your House!

Can I Write My Own Will? Keep the DIY for Your House!

It's inevitable that we will attempt some form of DIY in our lives. In many circumstances there will be that temptation to 'give it a go' whilst thoughts of "what's the worst that can happen?" run through our head but this can often end in disaster. A wobbly shelf or badly painted wall is one thing; but not leaving your hard earned money and possessions to who you want to is another. While on the topic of DIY, we are often asked - can I

Loans and Gifts - The Bank of Mum and Dad

Loans and Gifts - The Bank of Mum and Dad

It is estimated that one in four property transactions will involve a contribution (loans and gifts) from the Bank of Mum and Dad. There are various ways in which that help can be given, for example:

  • Gift or loan of some or all of the deposit
  • Gift or loan of full purchase price
  • Act as guarantor
  • Loans and gifts of some or all of the deposit

If you are considering making a gift you should first seek advice on the tax implications of doing so.

Procurement Strategy - What RSLs Need to Know

Procurement Strategy - What RSLs Need to Know

The Procurement Reform (Scotland) Act 2014 requires all public bodies (including RSLs) to publish a procurement strategy, where their expenditure on regulated procurements for the next financial year will be at least 5m. All eligible public bodies were required to publish their first strategy by 31 December 2016. Public bodies must also notify the Scottish Government of the publication of their strategies.

The Act provides for the matters which must be covered by a procurement strategy, which include:

  • Setting out how the public body will

Handling Subject Access Requests for Employers

Handling Subject Access Requests for Employers

Under the Data Protection Act, employees can ask to see any personal data about them that their employers hold. These are called Subject Access Requests (SAR), and can create potential legal problems for employers. What are the risks around SARs? And how employers should handle them?

The Risks

A SAR will likely be time-consuming and costly to an employer. They may need to look through a lot of data in order to find all of the information required.

SAR?s can also be risky for employers

What are the Current Edinburgh Property Market Conditions?

What are the Current Edinburgh Property Market Conditions?

2016 has been a mixed year for property purchasers and sellers in Edinburgh and the Lothians. What are the current Edinburgh property market conditions? Some sellers have done very well in terms of attracting interest in their properties and achieving prices over their asking prices and home report values; but not everyone has benefited from what, generally speaking, was a positive year on the property market. The main problem for buyers and sellers is a lack of real choice on the market. Most people have