But in Scotland, you’ll need one pretty early on. This is because, in Scotland, solicitors are responsible for submitting the offer when you’ve found a property you’d like to buy. So, you’ll need to hire one before you start viewing properties. They’ll be with you throughout ...
The property does not have to be newly built and you do not need to be either a first-time purchaser or have a specific level of income to qualify, although you are unable to use Help to Buy in conjunction with any other mortgage scheme that happens to be publicly funded, or with mort...
How to buy a holiday let property Purchasing a property specifically for the purpose of holiday letting can be a smart investment, but it requires careful planning and consideration. Here are some key steps to follow when buying a holiday let property: Research the market: Thoroughly research the...
Good to know: Loan to Value (LTV) is the amount you can borrow compared to the price of the property, and will dictate the size of deposit you need. For example: Borrowing £60,000 to buy a £100,000 home (where the rest is your deposit) is 60% LTV Buying a below average pr...
In this guide, we've gathered everything about choosing a conveyancer or conveyancing solicitor. Conveyancer vs Solicitor: What is the Difference? Conveyancers specialise in property law whereas solicitors cover wider aspects of law. Both licensed conveyancers and solicitors are qualified to assist with...
If you’re looking to buy a rental property you’ll need to consider location vs demand, and whether the property is ready to let or needs renovation work Secure financing - The mortgage you need will depend on the type of landlord you intend to be. If you plan to keep the property ...
Get a buy to let AIPOpen in new window Buy to let guide frequently asked questions What taxes might I have to pay with a buy to let property? You may need to payStamp Duty(also known as 'Land and Buildings Transaction Tax’ in Scotland and ‘Land Transaction Tax’ in Wales) when pur...
New entrant farming policy as predatory inclusion: (Re)production of the farm through generational renewal policy programs in Scotland Article Open access 05 March 2024 Notes In this paper, we use the term infrastructure to refer to a farm’s physical, built environment. This singular aspect ...
Income Tax bands and rates are different in Scotland. Need to know! As an unincorporated landlord, no National Insurance is payable on your rental income. It can be if you’re running a property business (ie running a bed and breakfast or hotel type business where a trade takes place). ...
Tenancy reform:The bill will remove fixed-term assured tenancies, which mean renters are obliged to pay rent regardless of whether a property is up-to-standard and prevent them from easily moving out in response to changing circumstances, such as a relationship breakdown or new job...