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Investment Market Report (by Ewan Foreman)
My Father in Law (who has seen a few boom and bust cycles throughout his business career) is fond of two well known expressions: “turnover for vanity, profit for sanity” and ”batton down the hatches in a boom, expand in a recession Read more
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Given the essential nature of maintaining multi-owned buildings throughout the city improved policy needs to be adopted by the local authority..... Read more |
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Summer 2011 has seen our strongest tenant demand on record, with multiple interest in many particularly desirable properties. As we move into September and October we anticipate a marked slow down with good quality city centre flats, as usual, remaining the strongest sector of the market. Encouragingly, 2011 has seen no increase in bad debt despite the increase in the number of properties we now manage. ... Read more |
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Although closer than it once was, there is still no agreed commencement date for the government backed mandatory tenancy deposit scheme. The scheme has been operating in England since 6th April 2007 with mixed success, and extremely low interest rates have made running the scheme (funded from the interest generated by deposits held) very challenging. Read more |
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The 31st of August 2011 sees the implementation of the first parts of the Private Rented Housing (Scotland) Act 2011. Read More |
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1LET and Macmillan Cancer Support: Together with the other occupiers of our office (AWL and Bray Leino) 1LET will be hosting a “Macmillan World’s Biggest Coffee Morning” in the office at 20a Manor Place, Edinburgh EH3 7DS on Friday 30th September. We hope that as many customers and business partners as possible will pop in between 10am and 1pm for some tea, coffee and some delicious home-made cakes! |
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In July 1LET became fully licensed members of the Association of Residential Letting Agents. ARLA are widely recognised as the leading accreditation body for Letting Agents in the UK. Demanding entry requirements including qualified staff, audited financial procedures and a fully insured client money protection scheme mean that less than 5% of letting agents in Scotland are currently ARLA registered |
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