What is Additional Dwelling Supplement (ADS) and am I liable to pay it? Additional Dwelling Supplement (ADS) is a tax that is payable when you purchase a new residential property while already owning another. Your existing property does not necessarily have to be in Scotland, it can be anywhere else in the world. ADS is [...]
The word ‘pend’ may not mean a lot to most of us who aren't solicitors but a surprising number of local properties do in fact feature these common passageways or pends, usually leading to the rear of the property or building. The difference between a pend and, for example, a close or vennel, is that [...]
If you've been keeping an eye on the tax payable on new house purchases, you may know that in England the stamp duty holiday has been extended. The equivalent tax in Scotland, namely Land and Buildings Transaction Tax ('LBTT') attracted a nil rate band up to £250,000 until 31 March 2021, but this has not [...]
From 1 April 2021 the First Home Fund will re-open for applications from first-time buyers trying to get on the property ladder. What is the First Home Fund? The First Home Fund provides loans of up to £25,000 to first-time buyers on both resale and new build properties. How does the scheme work? Eligible buyers [...]
We are delighted to be able to re-open our estate agency and lettings department and have taken steps to make the viewing process safe for both our staff and clients. Some of the things we are asking people to consider before arranging a viewing Have you discussed your financial position with a financial advisor to [...]
Help to Buy ISA Scheme Extension of Bonus Deadline HM Treasury have announced a temporary change to the Help to Buy ISA Scheme Rules. Given the impact of the Covid-19 pandemic on the housing market, these temporary changes will initially be in force until 30 June 2020. The most important change to home buyers is [...]
EDIT: Following the First Minister’s release of the routemap to ease Scotland out of lockdown, we can now update you on the impact this will have on property sales / purchases. Phase 1 – It is anticipated that we will enter Phase 1 on 28 May 2020 – there will be no change during this [...]
Kirkcaldy
Address: 95 – 99 Esplanade
Kirkcaldy, KY1 1RF
DX KY4 KIRKCALDY
Tel: 01592 263455
Fax: 01592 200069
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Address: 14 North Street
Glenrothes, KY7 5NA
DX CLOSED
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Leven
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DX 560885 LEVEN
Tel: 01333 429320
Fax: 01333 424973
