Following Phillip Hammond’s recent announcement in the budget of a tax break for first-time buyers which could see savings of up to £5,000 for buyers in England it would appear that the Scottish system is being considered ahead of the new budget proposals to be announced in the coming weeks.
In just a few short weeks, the Private Housing (Tenancies) (Scotland) Act 2016 is set to come into force across Scotland, bringing with it the new “Private Residential Tenancy”. From the 1st of December, the new Private Residential Tenancy will be the only tenancy open for private landlords and tenants in Scotland. Following enforcement of the new Act, the common Short Assured Tenancy, despite its popularity within Scotland's residential letting sector, will no longer be available. It is worth noting that existing Short Assured Tenancies will continue and will not automatically be converted to the new regime.
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.
