Tag: lbtt

  • Property News Round Up February 2016

    Property News Round Up February 2016 In this month’s bumper Property News Round-Up, we take a look at property sales and price trends, the extension of the Help to Buy Scheme in 2016, the planned supplement on Land and Buildings Transaction Tax for buy-to-let investors and second-home buyers as well as how likely it is…

  • Changes to Land and Buildings Transaction Tax May be Bad News for Property Investors…..and Renters

    Changes to Land and Buildings Transaction Tax May be Bad News for Property Investors…..and Renters On 17 December 2015, John Swinney, Scotland’s Finance Minister, delivered his Budget for 2016/17 at Holyrood. While Mr Swinney opted not to use the Scottish Government’s new power to alter Income Tax, there were major changes announced to Land &…

  • Monthly Property Market News Round-Up January 2016

    In this month’s bumper Property Market News Round-Up, we take a look at property sales and price trends, the extension of the Help to Buy Scheme in 2016, the planned supplement on Land and Buildings Transaction Tax for buy-to-let investors and second-home buyers as well as the prospects of interest rate rises in 2016. Property…

  • MOV8 Real Estate’s 2015 Review of the Year – Scottish Property Market

    MOV8 Real Estate’s 2015 Review of the Year – Scottish Property Market 2015 has certainly been an eventful year for the Scottish property market! With Stamp Duty being replaced by a new property tax on 1 April 2015, interest rates remaining unchanged for a record length of time, sales at their highest level in almost…

  • MOV8’s Property Market Predictions for 2016

    MOV8’s Property Market Predictions for 2016 What lies in store for the Scottish property market in 2016? For our predictions, read on… House Prices The average house price across East Central Scotland has increased by 6% from £202,037 to £214,172, for the months of January to November 2015, with an increase of 6.8% within Edinburgh…

  • Monthly Property Market Update July 2015

    There’s been no shortage of economic news this July both at home and abroad. The headlines in the early part of the month were dominated by events in Greece where, after prolonged and often fraught discussions, a Greek exit from the Euro was narrowly avoided. Hot on the heels of that we had the chancellor’s…

  • Property Market Update May 2015

    The local housing market has continued to heat up as we head towards summer. At MOV8 we enjoyed our busiest ever April with the number of sales agreed up by over 40% annually. There has been no sign of things slowing down in May, with sales already well ahead of 2014 levels with a week…

  • MOV8 Property Market Update April 2015

    The sun appears to have finally come out of hiding and, with spring now very much upon us, the local property market has continued to bloom. Last month at MOV8 we had more properties go under offer than during any month since we opened our doors almost 8 years ago. Sales during March were up…

  • LBTT Replaces Stamp Duty

    Stamp Duty is no more in Scotland, but before homebuyers get too excited, it has been replaced Land & Buildings Transaction Tax (LBTT). To help you get familiar with the new system, here’s an in-depth look at who pays what, and what its impact on the market is likely to be. The New Tax Bands…

  • March 2015 Property Market Update

    It seems like spring is finally here and, with the worst of the cold weather now hopefully behind us, let’s take our monthly look back at what has been happening in your local property market. A busy start to the year March is traditionally the month when we really see activity among home movers really…