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Consents

Mortgage Consent

If your property is mortgaged you must advise your bank, building society or mortgagee that you propose letting your property and obtain their written consent. Sometimes an administration fee is charged for issuing a consent letter and it is possible that there may be a variation in the interest rate level. If necessary, we will be pleased to liaise with your lender on your behalf.

Leasehold Consent

If your property is leasehold, your headlease will state whether or not you require permission from the Freeholder to sub-let. You should find that your lease will contain a clause indicating that you must obtain consent from your head leaseholder ( or freeholder ) but that such consent should not be unreasonably withheld from you.

If necessary, we will be pleased to liaise with your leaseholder on your behalf.

Some of the expenses usually allowable against rental income

• Mortgage interest
  (usually allowable to the full value of the mortgage)
• Managing Agent's fees
• The cost of providing services included in the rent e.g. gas, electricity, water rates
• Legal and accounting fees
• Insurance for buildings and contents
• Ground rent
• Repairs and redecoration
• Wear & Tear allowance for furniture, fixtures & fittings

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Let Your Property With Castle Estates - Glasgow

The level of service provided and relative legislation applicable may be subject to local and regional variations from that stated in the general brochure. Please contact us for full details and variations

As part of the Housing Scotland Act 2006 legislation has been introduced providing new rights for Private Sector Tenants through the Private Rented Housing Panel please click on following button for further details and information.

It is now a legal requirement to Register with your local authority as a Landlord and to avoid the neccessity of Castle Estates deducting tax from the rent received all Overseas Landlords must apply for a tax exemption certificate.

To assist you through the Overseas Tax and Landlord Registration process please follow the following Links which will allow you to either download or complete on line the necessary application forms. If you require any further assistance please contact us direct.

Click Link for Overseas Tax Information

Our Overseas Tax Number is:       NA032567