private landlords

Scottish Landlords Challenge Three Percent Cap on Rent Increases Through Judicial Review
Home Mortgage, home owners, London, Mortgage Broker, private landlords, Scotland

Scottish Landlords Challenge Three Percent Cap on Rent Increases Through Judicial Review

In recent news, Scottish landlords have launched a judicial review against the Scottish government’s three percent cap on rent increases. This cap was introduced in December 2017 as part of the Private Residential Tenancy Act and was designed to protect tenants from excessive rent increases. However, landlords argue that the cap is unfair and could lead to financial hardship for them. The judicial review has been brought by the Scottish Association of Landlords (SAL) and is being funded by a crowdfunding campaign. The aim of the review is to challenge the legality of the three percent cap on rent increases. The SAL argues that the cap is an arbitrary figure and that it does not take into account the individual circumstances of landlords or tenants. The SAL also argues that the cap could le...
Scottish Government Allows Rent Increases of Up to 6% After Lifting Rent Freeze
Goodlord, Home Mortgage, Mortgage Broker, Mortgage Lenders, NEWS ARCHIVES, private landlords, private rented sector, Scotland

Scottish Government Allows Rent Increases of Up to 6% After Lifting Rent Freeze

The Scottish Government recently announced that it will be lifting its rent freeze, allowing landlords to increase rents by up to 6%. This decision has been met with both criticism and support from various groups. The rent freeze was first introduced in 2017 as a way to protect tenants from excessive rent increases. The Scottish Government has now decided to lift the rent freeze and allow landlords to increase rents by up to 6%. This decision has been met with criticism from tenant groups who argue that the increase is too high and will put additional financial strain on tenants. They argue that the increase should be limited to 3% or less. On the other hand, landlords have welcomed the decision as they argue that the rent freeze has been detrimental to their businesses. They argue that th...