Our new simple & speedy Online Tenant Application
At Umega Lettings we’re always looking for little ways to make our landlords and tenant’s lives as easy as 1, 2, 3!
The latest addition to our service, which we’re thrilled to offer, is our new online property application process. This service…
Dealing with deposits when letting a property in Edinburgh is complicated and it needs to be done in the right way. Tenancy deposits in Scotland must legally be held by a Tenancy Deposit Scheme (TDS) for the duration of a tenancy. The TDS will determine what deductions, if any,…
A Umega winner at the Aberdeen Standard Investments Real Estate Charity 5km Race!
Yesterday afternoon in Holyrood park, eight members of the Umega team took on the rest of Edinburgh’s property world in the Aberdeen Standard Investments Real Estate Charity 5k race. There was a blustery wind and that hill…
Yesterday was a big day for Team Umega – we bought our first property!
Last year, we reached our target for the world’s first staff property fund. Since 2016, Umega has set aside 20% of profits for Umega employees to invest in buy-to-let property that they collectively own. This…
Exciting news! We’ve been shortlisted for Residential Lettings Team of the Year by the panel of industry experts at the Herald Property Awards.
In their own words, The Herald Property Awards “honour the achievements of Scotland’s most innovative and successful house builders, developers, social landlords and property teams” and…
At Umega we’re always looking to improve customer experience and we’ve introduced an innovative system that allows tenants in Edinburgh to book a viewing online! Nowadays more and more people are choosing to book their holidays, travel, activities, and appointments…
We’ve asked our friends at Russell & Russell Chartered Accountants to prepare some short blogs on upcoming changes to the accounting landscape and other bits and bobs we thought would be helpful to our landlords. Here the first short blog on Making Tax Digital.
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We’re delighted to announce that we’ve been shortlisted for ‘Residential Letting Team of the Year’ in the Scottish Home Awards.
The awards take place at The Corn Exchange on 14th June 2018 and “highlight excellence in building, design, marketing and customer care” across the Scottish residential property industry.
Our shortlisting…
Switching from SATs to PRTs
In December 2017 a new Private Rented Tenancy agreement (or PRT) was introduced covering all private tenancies in Scotland. Any new tenancy starting after this date is a PRT. This has replaced the previous Short-Assured Tenancy agreement (or SAT) and the even older Assured Tenancy…
We meet a lot of new landlords who are unsure whether to offer their property furnished or unfurnished. Some have been living in the property they plan to rent out and need to decide whether to take their furnishings with them to their new place. Others have bought an investment…
Citylets reliably produces a quarterly report highlighting what’s been happening in the Scottish Private Rented Sector. Here are the key highlights for the Edinburgh lettings market from Citylets Q1 2018 Market report;
Scotland – Looking at Scotland as a whole, average rents rose 1.6% year-on-year (YOY) to £780pcm,…
Our friends at Citylets recently shared a survey carried out by a popular Home furnishing retailer highlighting the main reasons a prospective tenant would be put off renting.
The top 5 interior design put offs were:
An old-fashioned kitchen (48%) An old-fashioned bathroom (47%) An old-fashioned bedroom (28%)…