Council tax liability in HMO flats in Edinburgh Edinburgh is a student city and many of Edinburgh’s letting agents manage HMO (Houses of Multiple Occupation) properties. One of the first questions investors and landlords enquire about is – who will be liable for the council tax in an HMO in Edinburgh? Here are two types...

Setting a rent at the correct level is quite a demanding task, whether you are a landlord or a letting agent. As one of the established Edinburgh letting agents, we have been serving a variety of landlords. Some are portfolio landlords with many properties. Many are investing in residential properties – with their main interest...

What to look for when you choose your property manager New landlords looking for a good Edinburgh property management company can face a daunting task. A quick Google search for ‘Edinburgh letting agents’ shows 5,540,000 results! But are the letting agents shown on the first page the best property managers? Will you trust them with...

Scottish tenancy deposit guide ost private landlords and letting agents in Scotland ask for a deposit, either on signing the lease or just before you move to your new rented home. Usually the deposit is equal to one month’s rent; the maximum deposit has been capped at twice the monthly rent. Your letting agent or...

Best Edinburgh HMO locations Edinburgh, the capital of Scotland, is a thriving student city with four universities. Undergraduate and postgraduate students, 60,500 in total, this constitutes 12% of the city population (513 thousand in 2017). 27.5% of the higher education students in Scotland in 2017 live in Edinburgh. At the end of 2017 there were...

New energy efficiency legislation will affect private rental sector Landlords with poorly insulated properties may not be able to put them on the market from April 2020 onwards – and the energy performance criteria will be stricter every year until 2025. On 1 April 2020, Scottish landlords will no longer be allowed to grant new...

These properties are not suitable for ghost-busters… nor witchers, vampire slayers or witch hunters. We offer a horrifyingly good selection of spooky houses with ghost rooms! Properties benefit from: Screaming Cupboards, Haunted Halls, Creepy Kitchens, Sleepless nights guaranteed!   Low rent, from 3 to 6 souls per month. Pets considered – werewolves only. References will be checked....

Seasonal lettings market update Citylets have just published their quarterly rental market report and its Edinburgh section makes an interesting read. The upward trend of rent increases has continued in Q3 2019, rents rose by 3.6% on an average year on year – but the rent growth has slowed down significantly from 5.8% annual average based on the...

How much will you have to spend on an HMO? One of the most frequent questions from prospective landlords or property investors is: ‘How much does it cost to get an HMO licence in Edinburgh?’ And obviously, landlords and investors are not just asking about the licence fee! Edinburgh Council’s Houses of Multiple Occupancy (HMO)...

What should you do to transfer an old Edinburgh HMO licence HMO (Houses in Multiple Occupation) licensed properties achieve higher rents and higher asking prices in comparison with similar non-HMO properties when they are put for sale. It means that obtaining an HMO licence, in Edinburgh or elsewhere, can add value to the property and...