As it is nearly Christmas time, a Christmas analogy seems apt. Every conveyance is unique like a snowflake. Each presents unique issues to be addressed. Cladding is a significant issue with modern buildings, due to concerns regarding fire safety. Buildings with cladding are difficult to insure and may prove problematic in securing mortgage funds. I...
Correct as of the 1st of April 2024 LBTT – Land and Building Transaction Tax - is the Scottish equivalent of Stamp Duty Land Tax (SDLT). LBTT is a tax applied to residential and commercial land and buildings transactions, however I will be focusing exclusively on residential transactions. The rates of LBTT are dependent upon the value of the purcha...
Purchasing your dream home sounds exciting, right? Well, it certainly is. However, the process of purchasing a property can be equally as stressful and the current competitive market has exacerbated the potential for stress. Not to mention that buying a home is one of the biggest financial commitments you will ever make.
