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 […]

Short Term Letting for Landlords

Short Term Letting for Landlords

There are benefits to short term letting and long term letting. Factotum’s flexible approach allows you to rent when it suits you. We are experienced letting agents for short term, long term, holiday and festival lets. Whether you want to let your property for a week or a year, we have a growing number of […]

Long Term Letting for Landlords

Long Term Letting for Landlords

There are benefits to long term letting and short term letting. Factotum’s flexible approach allows you to rent when it suits you. We are experienced letting agents for short term, long term, holiday and festival lets. Whether you want to let your property for a week or a year, we have a growing number of […]

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 […]

The Big Four Edinburgh Fringe Venues

The Big Four Edinburgh Fringe Venues

The Edinburgh Fringe Festival (often referred to simply as the ‘The Fringe’) is the world’s largest Arts Festival. Established in 1947, by 2016 it spanned 25 days, featured 50,266 performances of 3,269 shows in 294 venues! Sounds a bit crazy, right? So here is a guest pass into finding out more about these spectacular Fringe […]

Moving to Edinburgh from Overseas

Moving to Edinburgh from Overseas

This guest blog is written by one of our tenants about her experiences of moving to Edinburgh and the logistics of transporting her possessions. We hope you find it useful. Moving to Edinburgh and out of your own country is exciting and provides you with a chance to explore a bit more of the world. Many expats […]

Short Term or Holiday Let – is there a difference?

Short Term or Holiday Let – is there a difference?

The Council does not seem to have a clear policy regarding short term lets. Factotum are concerned that landlords are getting confusing advice from council workers. They seem to have advised some of our landlords that a tenancy longer than a month would represent the tenants’ only or main residence, adopting HMRC’s definition of 31 days […]