Page 16 - November 2023
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EXPERT ADVICE

       The latest legislation for landlords in Scotland


             Nicky Lloyd, Head of ESPC Lettings, talks us through the latest rules
                                    to be aware of.



         f you’re a landlord in Scotland, or want to become one,
         it’s essential to keep up to date with the regulations                                                    THIS WINTER.
      I surrounding private rentals. With many changes over
       the last few years, it can be hard to keep track, but ESPC
       Lettings can help.

       Here’s a brief rundown of the latest landlord legislation:
                                                                                              If you’re a landlord, it’s your responsibility to look


       The Cost of Living (Tenant Protection) Act  Additional Dwelling Supplement            after your property’s pipes. During winter, the cold
       The Cost of Living (Tenant Protection) Act   Anyone who owns more than one residential
       enforces  a  3%  price  cap  on  private  rent   property valued at £40,000 or more is liable   weather can cause them to freeze, crack or burst.
       increases, offers tenants additional protection   to pay an Additional Dwelling Supplement,
       and is in place until 31 March 2024.  currently 6% of the purchase price.
                                                                                            Take a moment to make sure your pipes are insulated;
       Fire, heat and smoke alarms          Tenancy Deposit Schemes                             this will help protect your property and save you
       Every property must have interlinked smoke   All  deposits  paid  by  tenants  must  be  placed
       and heat alarms fitted.              in  one of  three  Scottish Tenancy Deposit                 from having to make costly repairs.
                                            Schemes  (TDS):  SafeDeposits  Scotland,
       For deaf or hard of hearing tenants, additional   mydeposits Scotland, or Letting Protection
       accessories, such as flashing lights and vibrating   Service Scotland.
       pads, must be made available by the landlord.                                                                Find out more at
                                            Legionella risk assessment                                   YourWaterYourLife.co.uk/Winter
       EPC certification                    All rented properties in Scotland must have a
       Proposals suggest that all privately rented   risk assessment for Legionella carried out.
       properties must have an EPC rating of at least
       C at change of tenancy from 2025, and all   Additional checks
       properties must meet the standard by 2028.   All rental properties must have annual gas
       This may change, but it’s always a good idea   safety checks and Portable Appliance Tests,
       to look at what can make your property more   while all wiring and sockets must be checked
       energy efficient.                    regularly - ideally every three years.
                                                                                                      Keep up to date this winter by following us on

       ESPC Lettings is an Edinburgh letting agent. We can help with marketing your rental property and finding the right tenants.   Scottish Water  scottish_water
       Contact the team on 0131 253 2847 or landlord@espc.com.
   16  |  espc.com                                                                                                                                             espc.com  |  17
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