Tag: lbtt
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A Guide to Stamp Duty (SDLT) Changes and LBTT
Read the article: A Guide to Stamp Duty (SDLT) Changes and LBTTThe UK government, on 3 December 2014, announced a radical overhaul of the Stamp Duty Land Tax (SDLT or Stamp Duty) system in its Autumn Statement. It comes into force on 4 December 2014. In Scotland, it will then be replaced by LBTT (Land and Buildings Transaction Tax) for Scottish property transactions completing after 1 April…
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MOV8 Property Market Update November 2014
Read the article: MOV8 Property Market Update November 2014November is a month when the property market is traditionally seen to be putting its feet up, snuggling up under a warm blanket and hunkering-down for the winter. But in 2014, the market continues apace, with sales continuing to come through as buyers try to find their dream home before Christmas. So, what has been…
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MOV8 Property Market Update October 2014
Read the article: MOV8 Property Market Update October 2014There are some months where I stare at a blank page and wonder what on earth to write about the past month in the Scottish property market. And then there are months like this where I don’t know how to filter it down! This month has seen the announcement of a monumental change in the…
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Land and Buildings Transaction Tax to Replace Stamp Duty in Scotland in 2015
Read the article: Land and Buildings Transaction Tax to Replace Stamp Duty in Scotland in 2015The finer details have just been announced for the Land and Buildings Transaction Tax that is due to replace Stamp Duty in April 2015. So, what are the new levels of tax on property purchases? What effect will this have on the property market? And it this an improvement on the existing system of Stamp…
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A Simple Guide to Conveyancing in Scotland, How Long it Should Take and Common Problems
Read the article: A Simple Guide to Conveyancing in Scotland, How Long it Should Take and Common ProblemsWhether you are buying or selling a house, conveyancing is involved. Whilst most people understand the fundamentals of marketing a house for sale or of finding a property to buy, even the word ‘conveyancing’ is hardly an example of Plain English and it’s easy for property buyers and sellers in Scotland to feel that conveyancing…
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Goodbye Stamp Duty, Hello Snappily-Titled Land and Buildings Transaction Tax. Roll On 2015!
Read the article: Goodbye Stamp Duty, Hello Snappily-Titled Land and Buildings Transaction Tax. Roll On 2015!Goodbye Stamp Duty…? Kind Of. I have had to replace many an overused soapbox over past few years whilst property prices have risen yet the Stamp Duty thresholds have remained largely the same. It is a system that I feel is fundamentally unfair and which, from a purely property market related point of view, has…
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