Buy-to-Let Landlords are NOT the Villains!

Buy-to-Let Landlords are NOT the Villains!

Recent changes in government property taxation, stamp duty and income tax have undeniably sent out mixed messages as to the government’s view of buy-to-let landlords. On the one hand, they continue to postulate on their commitment to a healthy PRS (Private Rented Sector) confirming what a vital role the sector provides and acknowledging the desperate […]

What is a Factotum?

What is a Factotum?

Factotum is our name, our brand, our everything – but what does it actually mean? The origin of Factotum is from medieval Latin: • ‘Fac’, the imperative of ‘facere’ meaning ‘do’ • ‘Totem’, the neuter of ‘totus’ meaning ‘the whole thing’. ‘Do the whole thing’, translating roughly as ‘master of everything’. In modern English, Factotum […]

Interesting Historical Characters: Edinburgh

Interesting Historical Characters: Edinburgh

  Edinburgh just wouldn’t be the same without its colourful history. Steeped in myth, folklore and legend, our fair city would be nothing without the interesting characters that built it. Here’s Factotum’s list of Edinburgh’s most interesting former residents.   Deacon Brodie The Deacon Brodie name is now known as one of the Old Town’s […]

To Furnish or Not To Furnish?

To Furnish or Not To Furnish?

One of the choices you must make as a landlord is whether to let your property as furnished or unfurnished. Surprisingly, it makes little to zero impact on the rental valuation. Factotum looks at the pros and cons, as well as key factors to take into account when making this decision. How long do you […]

Parliamo Edinburgo?

Parliamo Edinburgo?

As a life-long resident of Edinburgh with a spell of study and work in London, I am always amazed by the words and local sayings we use here and take for granted, that leave the good visitors to our Fair City baffled as to their meaning, wondering whether we do indeed share a common language. Here’s […]

The Life Span of Furniture: A Landlord’s Guide

The Life Span of Furniture: A Landlord’s Guide

Unfortunately, nothing lasts forever. We all know when the milk in our fridge expires, or when our toothbrush needs to be replaced. It’s expected. These things are disposable. It’s more difficult to judge when it comes to the life span of more expensive items, like furniture. Especially when the furniture is for a rental property […]

Rental Income Tax: The Landlord’s Guide

Rental Income Tax: The Landlord’s Guide

To quote Benjamin Franklin, in this world nothing can said to be certain, except death and taxes. Letting a property is a great way to generate additional income or enhance your pension / retirement income. Unfortunately, it’s not free from rental income tax. Here’s Factotum’s guide on what to expect when you rent your property. […]

Airbnb vs Airbnb Agent vs Letting Agent

Airbnb vs Airbnb Agent vs Letting Agent

There’s absolutely no doubt that the success of Airbnb and Airbnb agents has completely changed the landscape of the Edinburgh lettings market. It’s a fantastic business model. Allowing users to capitalise on their property by renting their spare room, it’s an easy way to make some extra money. The website that was originally designed to rent […]