It's less than a week until the doors open to the Scottish Association of Landlords' National Landlord Day next Tuesday, 6 November.
There's hardly ever been a better time for the UK's largest national landlord conference: whilst the private rental market continues to grow, a few new developments and regulations mean landlords have got to make sure they have the right information available to them.
Over the next few days, we'll be highlighting some of those developments in the market. If you'd like more information, please just come and see one of our team at the National Landlord Day on Tuesday.
The biggest change facing Scottish landlords are the new Tenancy Deposit Schemes (TDS). Introduced over the summer to safeguard tenants' deposits, many landlords have not had to act on TDS until this month, when placing deposits with your chosen TDS operator becomes mandatory for all deposits received from 7 March 2011 to 2 October 2012.
If your tenant has moved in since then, the deposit must be placed within 30 working days of the lease commencing. But where to place it? Three schemes have been approved by the Scottish Government, each offering different benefits.
If all this sounds somewhat confusing, please contact us or see us on Tuesday and we'll be happy to advise you on your specific situation.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment