Landlords dump Scottish property

Figures released by the National Landlords Association show that 24 per cent of landlords with exposure to Scotland sold property in Q2 2018.

Alongside this, 5 per cent of landlords bought property within the same time frame.

The NLA blames the Scottish Private Residential Tenancy reform for this imbalance, which commenced on 1 December 2017 and, among a host of changes to the law, removes a landlord’s ability to set fixed terms.

Read the full story at Mortgage Strategy.

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