|Is it fair to tenant AND landlord?|
Changes to the private rental sector in Scotland will mean tenants have more security & stability coupled with better safeguards for landlords, lenders & investors.
The new Private Residential Tenancy (PRT) will have no end date and can only be terminated by a tenant giving written notice to their landlord or by the landlord using one of 18 grounds for eviction. Tenants will have the right to challenge a wrongful termination.Landlords can only increase rent once a year and are required to give tenants 3 months’ written notice of any rise. Tenants can challenge this rise if they think it is unfair. Landlords will also benefit from a more accessible repossession process and a simplified way to give notice.