Information for Landlord and Tenants In March 2024, the Scottish Government introduced the new Housing (Scotland) Bill. The Bill is currently at Stage 2, meaning that legislators are still deciding whether it should become an Act of Parliament. If it achieves this status, the Bill will have a significant impact on the housing sector in…
It might be difficult to navigate Glasgow’s complicated disputes between landlords and tenants. However, if issues emerge, knowing landlord or tenant law’s subtleties might mean the difference between protracted litigation and speedy resolutions. The legal rights and obligations of landlords and renters in Scotland will be discussed in this blog. You can be certain that…
Commercial leases frequently include break options due to shifting market conditions and the economy. Tenants or landlords may be able to terminate the lease before the prearranged date, or both parties may be able to use this option. The party wishing to end the lease must give the other party written notice that they intend…
Tenant taxpayers should be aware of their ongoing responsibilities under the Land and Buildings Transaction Tax (“LBTT”) regime, as Revenue Scotland has recently issued an increasing number of penalty notices for the late submission of three-yearly LBTT returns due to a post-Covid backlog. The fact that further LBTT returns must be filed at various…
A developer’s goals in managing the common components of a development include: Maintaining the amenities and services within a development to make sure it provides a high-quality living environment. Make sure the management structure gives the developer a way out so they can transfer management to a trustworthy successor and transfer all liability for common…
The Impact of the 2024 General Election on the Scottish Property Market The 2024 General Election has resulted in a landslide victory for the Labour Party, replacing the Conservative government and creating a new political landscape across the UK. In Scotland, the SNP saw a significant reduction in seats, winning just 9 compared to 48…
As term time for university approaches, many students may be considering moving into student accommodation. Many of these properties are classified as a house in multiple occupations, or an ‘HMO’. It is important, for both prospective tenants and Landlords, to understand what the law means by HMO. What is an HMO? The definition of an HMO under…
https://www.simplicitylegal.co.uk/business/commercial-conveyancing-leases/A confirmation was recently made by the Court of Session that the classification of a short-term let control area does not necessitate planning permission for a short-term let use that began anterior to the designation. Temporary renting The expansion of short-term holiday rentals prompted the Scottish Government to implement a licensing system and grant planning…
Many firms have experienced transformation as a result of recent events. Some people have benefited from the transition and seen growth, which has prompted them to expand by purchasing larger facilities. Others need to reevaluate their footprint in an effort to downsize due to financial difficulties or changes in their working styles. The possibility of…
When you buy a home, especially your first home in a joint tenancy, it is rather a big step and you may be worried about a mortgage. As gloomy as it may sound, it’s vital to consider the “what ifs?” in case things don’t turn out as expected. Selling the home and splitting the proceeds is…
