Dallas McMillan's Glasgow Lawyers' Blog

From From 1 May 2013, a landlord will have a legal duty to provide new tenants with a tenant information pack will have to be provided for all new assured and short assured tenancies. This includes the renewal of existing tenancies where the landlord and tenant draw up a new lease. A tenant information pack will not be required for existing leases.

On 6th March 2013, Xavier Louis Vuitton sold Gaick, one of his Scottish Sporting Estates. The sale took the form of the sale of the entire issued share capital of a single property vehicle. Dallas McMillan acted on behalf of Xavier Louis Vuitton. The commercial property team was led by Forbes Leslie, Managing Partner and Head of Real Estate with input in relation to corporate matters from Mandy L. Quinn, Head of Corporate Team.

The Green Deal is established by The Energy Act 2011 and applies to Great Britain but not to Northern Ireland.  The aim of the Green Deal is to improve the energy efficiency of residential and non-residential properties and enables householders to obtain energy efficiency improvements to their property (whether owned or tenanted) without having to make a substantial capital “up front” payment.

The Scottish Governments has introduced the Land and Buildings Transaction Tax (Scotland) Bill which is set to replace the current Stamp Duty Land Tax system currently operating in Scotland on land and property transactions.

Registers of Scotland have reported that the average price of a home in Scotland has dropped by 1.5% compared to the same period a year ago.