Rise in ADS levels provides further threat to Scottish BTL sector | Lettings Bulletin
We are delighted to release our latest Lettings Bulletin, courtesy of the Rettie & Co. research team, Scotland’s largest dedicated property research team.
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- The rise in ADS to 4% in Scotland provides those purchasing BTL property with a higher tax demand from early next year.
- However, other initiatives provide some opportunities for the BTL sector in Scotland, notably the introduction of deposit free renting.
- Another boost for the rental sector has arrived with the planning permission for over 700 Build To Rent units for a site in Glasgow.