LBTT



Holyrood commits to exemption for large scale investors from LBTT surcharge

The Scottish Government is to exempt transactions of six or more homes from the additional LBTT surcharge.

Published 25 February 2016

Holyrood committee support for additional homes tax

Legislation that would levy a supplement on the purchase of additional residential properties has been given the backing of MSPs on the Scottish Parliament’s finance committee.

Published 12 February 2016

Vulnerable tenants will be ‘biggest losers’ of second homes tax, landlords warn

Plans to introduce an additional supplement on homeowners buying a second home or buy-to-let property will make it even harder for the most vulnerable tenants to get the accommodation they want at a price they can afford, the Scottish Association of Landlords (SAL) has said.

Published 3 February 2016

Additional homes supplement legislation published to help first time buyers

Homeowners buying a second home or buy-to-let property will have to pay an additional supplement under new legislation which aims to give first time buyers “the greatest possible chance to get a foot on the property ladder”.

Published 29 January 2016

Scottish Budget: £90m increase to affordable housing fund and tax on second homes

The Scottish Government has announced a year-year increase of £90 million to its affordable housing budget to help it achieve its target of delivering 50,000 affordable homes during the next parliament.

Published 17 December 2015

House price rise is ‘bad news for young families’

Shelter Scotland has lamented new statistics which revealed that house prices in Scotland have seen their highest annual increase since 2007.

Published 20 May 2015

Scottish house prices driven up due to ‘pre-election uncertainty’

House prices in Scotland rose in April ahead of the General Election with 31 per cent more surveyors reporting house price increases, according to the latest RICS UK Residential Market Survey.

Published 14 May 2015