Scottish landlords panic as 75% plan exit - here's what property investors must know
Key Points
- Scotland's new Housing Bill caps rent increases, causing lan...
Scotland just handed property investors a reality check that's about as gentle as a Highland winter. The nation's new Housing Bill and visitor levy proposals are creating more confusion than a tourist trying to understand Scottish currency after a pub crawl.
The Housing Bill wants to cap rent increases at inflation plus one percentage point, which sounds reasonable until you realize it's like asking landlords to play poker with half their cards face-up. Housing Secretary Mairi McAllan recently admitted to a "significant error" regarding student housing exemptions - apparently even the governm...
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