The housing issues in Scotland are well-known. High rents, low-quality rental housing stock and a shortage of supply have created an exceptionally…
Spain is far from a landlord paradise
A Spanish landlord will have taken a hit from that 10% stamp duty, and they will not find it easy to recoup that amount by increasing the rent. In 2022, the socialist government imposed a temporary limit of 2% on rent increases to help with the cost of living increase in Spain. From next year no rent will be able to increase by more than 3%. In 2025, a new reference price index will be introduced to replace the consumer price index.
Things got much better for Spanish renters in April. Until spring, the renter paid all the fees that estate agents charged to list a rental property, normally around 10% of the annual rent. But this has been reversed. The landlord now pays these fees, saving renters 10% of their annual rent, a significant rebalancing. But perhaps the biggest changes have come in"stressed areas", where renters are subject to extra protection.
There are huge regional disparities across Scotland, and data on household earnings is not robust, but we can estimate how stressed Scotland’s renters are. According to the Home Let Renta index, average rents in April 2023 were £868 per month. The average disposable income across the UK in 2022 was £31,300. So, using these two figures, we can see that 30% of disposable income is going into rent.
Danmark Seneste Nyt, Danmark Overskrifter
Similar News:Du kan også læse nyheder, der ligner denne, som vi har indsamlet fra andre nyhedskilder.
Weatherman Sean sees the winds of change on Scotland's high streetsTomorrow marks the start of Scotland Loves Local Week, a campaign championed by STV weatherman Sean Batty who urges shoppersto choose local…
Læs mere »
Captains chosen to represent pupils at high schools in Lanarkshire townThey will also be ambassadors for Clyde Valley High and St Aidan's High
Læs mere »
Scotland's giant pandas to return to China after producing no cubsEDINBURGH Zoo's giant pandas will return to China in December, it has been confirmed.
Læs mere »
Police Scotland to stop investigating certain crimes due to budget cutsPolice Scotland announced the pilot initiative in the north-east region on Monday, citing cuts to the police budget in recent years.
Læs mere »
Austin MacPhee highlights big question awaiting Scotland at Euro 2024Steve Clarke's side aren't across the line yet but coach believes they should be aiming to go further in the competition if and when qualification is achieved.
Læs mere »
Austin MacPhee lays bare importance of set piece role to ScotlandSet piece coach opens up on his 'odd couple' partnership with Steve Clarke.
Læs mere »