From 1 April 2024, several changes to the Additional Dwelling Supplement (ADS) are taking effect. Transactions with an effective date prior to 1 April 2024 will use the previous rules on ADS. Any transactions with an effective date on or after 1 April 2024 will fall under the new legislation. It is also important to note that the changes will not be retrospective.
Buying a new home is, usually, an exciting time and a big life milestone. Whether it be your first property, somewhere bigger for your growing family, or a cosy place for retirement, the process can feel daunting. After all, it’s likely the biggest purchase you are going to make. Our guide will walk you through the steps for offering on property in Scotland.
Conveyancing, the legal process of transferring property ownership in Scotland, involves several crucial stages, each carrying its own legal intricacies. This comprehensive guide will illuminate the key points of conveyancing, from the conclusion of missives to settlement, and shed light on critical aspects such as the Land and Buildings Transaction Tax (LBTT), registration, and the importance of the Home Report.
The West is the ideal region for home buyers seeking a deal on a beachfront property since, according to data from the Bank of Scotland, prices rose by 11% in 2022, faster than the average rate of growth in Britain.
If you are thinking about buying or selling, you need a team you can trust - our conveyancing team can support you at every step of your journey and can deal with all aspects of the conveyancing process. We are always striving to help our clients and make their move as seamless as possible, and here are just some of our recently published helpful guides and FAQs.
If you would like to experience our customer service for yourself, call us on 01224 456 789 or click here.
© 2024 andersonbain LLP
andersonbain LLP is regulated by the Law Society of Scotland. Vat Reg. No. 743 0828 38
EMAIL
