4 ms·
This. Scotland recently introduced indefinite tenancies and I'm extremely interested as a young professional and investor to see the impact it has long term. Fu
by ck425 8y ago
This. Scotland recently introduced indefinite tenancies and I'm extremely interested as a young professional and investor to see the impact it has long term. Funnily enough Corbyn wants to introduce it in England and everyone is up in arms. They keep comparing it to the German market forgetting that it's already a thing in Scotland.
- VBprogrammer 8y agoAs a Scot myself, living in London, I've more than once longed for the regulations that we had in Scotland. Even simple things like not being able to charge random fees makes it much easier to compare two or more properties on level terms.
- ck425 8y agoYou poor soul, come home! Joking aside it's still too early to see the effects of the new tenancy. I suspect it'll make properties harder to get for less attractive tenants and that there'll need to be incentives for landlords to take on such tenants in future. Probably still a net positive but we'll see.