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LBTT threshold must be implemented immediately

09 July 2020

In response to the Chancellor's Summer Statement at Westminster, the Cabinet Secretary for Finance, Kate Forbes MSP, has said that the Scottish Government will raise the threshold for Land and Buildings Transaction Tax (LBTT) from £145,000 to £250,000. Read More...

House hunters rush to complete pre-Brexit sales – HMR results

Thursday 29 August 2019

The number of prospective buyers increased in July, the latest NAEA Propertymark Housing Market Reports shows, with demand also up year-on-year.

Despite there usually being a summer lull, the number of sales agreed per member branch remained high at nine in July, the same level for the third month running.

Mark Hayward, Chief Executive, NAEA Propertymark said: “The summer is typically a quieter period as house buyers and sellers put their plans on hold with housing market activity stalling as a result. However, this has not been the case this year.

Buyers can only delay the need to move for so long and we’re now seeing buyers storm the market hoping to complete transactions before the end of October.”

Read the full report