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Scotland is a fantastic place to own a home, from the stunning Highlands and peaceful lochs to the lively cities of Glasgow and Edinburgh. Whether you’re buying, selling, or remortgaging a property in Scotland, you’ll need a solicitor to handle the legal side of things. Make sure you choose one who understands the Scottish property process and can guide you every step of the way. At My Home Move Conveyancing, we work with expert solicitors who know the ins and outs of moving home in Scotland. Get a quote for your conveyancing in Scotland today, by speaking to Becky, one of our helpful Move Specialists.
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Conveyancing solicitors in Scotland
Find out more about conveyancing in Scotland
Buying or selling property in Scotland
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Buying a house in Scotland
Buying a house in Scotland is an exciting step, and the process is a bit different from other parts of the UK. Properties come with a Home Report, which give you an idea of the condition before you even make an offer. If you're interested, your conveyancing solicitor notes your interest and helps you put in a formal offer, sometimes all interested parties have to submit their best bid by a closing date. If your offer is accepted, things move pretty quickly – you and the seller agree on the details through something called "missives," and once those are signed, it's a done deal. It can feel a bit fast-paced, but with the right help, it can be straightforward.
Stamp duty in Scotland
In Scotland, Stamp Duty Land Tax is replaced by a tax called Land and Buildings Transaction Tax (LBTT). This tax is paid when you buy a property over a certain price. The amount you pay depends on the price of the property and whether you’re a first-time buyer or not. It’s important to factor LBTT into your budget when planning a move, as it can add a significant cost depending on the value of the property.
View the LBTT rates below, or use our stamp duty calculator to get an estimated cost for your Land and Buildings Transaction Tax.
| Property value: UPDATE FOR SCOTLAND | LBTT rate: | ||
|---|---|---|---|
| Up to £145,000 | 0% | ||
| £145,001 – £250,000 | 2% | ||
| £250,001 – £325,000 | 5% | ||
| £325,001 – £750,000 | 10% | ||
| Over £750,000 | 12% |
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Buying your first home?
If you're a first-time buyer in Scotland, there are some great schemes that can help make getting on the property ladder more affordable. The LIFT scheme lets you buy a home with the Scottish Government covering part of the cost, so you don’t need to pay the full price up front. If you're interested in a new-build, the New Supply Shared Equity scheme works in a similar way. You can also use a Lifetime ISA to boost your savings, with the government adding a 25% bonus to put towards your first home. These options can make buying your first home much more achievable.
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Get a personalised conveyancing quote for your move in Scotland today
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Get in touch with one of the team
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General Enquiries
If you would like to email us, please send it to the following email address:
quotations@myhomemoveconveyancing.co.ukMonday - Friday
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