MacPhee
MacPhee

Great news for buyers of Scottish property!

The threshold at which LBTT begins to be paid will rise from £145,000 to £250,000 on Wednesday (15 July 2021) and remain in place until 31 March 2021. Excluding the Additional Dwelling Supplement, it means that 80% of home purchasers will pay no LBTT. Home movers buying a home costing more than £250,000 will save £2,100.
https://www.gov.scot/news/action-to-help-home-buyers/?fbclid=IwAR2UJI38ILSxk6oRipbcF7jEGAuxH6-pIn0lIH5S2k0NHHD-RmbhvtCYANI