Posts Tagged: Second Homes

Taxing Times: Let the Second Home Buyer Beware

From now on, anyone purchasing a residential property as a second home or “buy to let” where the purchase price is over £40,000 will face a significant one-off charge amounting to 3% of the price. The Land and Building Transaction Tax (LBTT) replaced the Stamp Duty Land Tax (SDLT) in Scotland for land transactions, taking… Read more »