Buy property for sale in Glasgow It’s simple to understand why Glasgow is one of the most well-liked locations in the UK for real estate investment. Glasgow provides excellent returns for real estate investors thanks to its high rental yields and robust houses for sale in Glasgow.The city centre and other areas like Shawlands and…
I’ve agreed to purchase my first property; what’s next? Moving is distressing for everyone, regardless of their level of experience. To clarify the home buying process for a first-time buyer, we have broken down a typical purchase price into seven step-by-step guide to buying your first time home, outlining what must be accomplished before buying…
The Scottish Government has announced a devolved tax and stated that the Additional Dwelling Supplement (ADS) charge for Land and Buildings Transaction Tax (LBTT) will increase from 4% to 6%. Scotland’s equivalent of stamp duty is called LBTT. Both residential and commercial property transactions in Scotland are subject to this property tax. In addition to…
The Offer is just the first step in the process People frequently believe that in Scotland, once your offer is accepted, you, the buyer, and the sellers are parties to a legally binding contract. It is a little more complicated than that; that is not the case. Not because we, as solicitors, desire things to…
If you’ve recently sold your house, you might assume that your responsibilities end there, and any issues are now the concern of the new homeowner. However, this assumption isn’t entirely accurate. In reality, you remain liable for a significant period after the sale. So, just how long are you liable, and what steps can you…
The adoption status of a road is an important consideration for homebuyers. When a local council adopts a road, they maintain the road surface, pavement, and any grass verges. For unadopted roads, homeowners are responsible for maintenance. Under the Roads (Scotland) Act 1984, if a private road is built to the consented standard, the builder…
The Clauses Form the Basis of business transactions in Scotland You have saved up scrupulously for months, found the property of your dreams, and now you have had your offer accepted. You are finally ready to begin moving home and you have instructed your solicitor to arrange the legalities for you. However, there are many…
As you start the process of getting a full mortgage and making an offer on a property, a key question arises: do you need a mortgage in principle to make an offer without one being accepted? While it is possible to apply for a mortgage and make an offer on a house without first obtaining…
As an aspiring homeowner going through the process of getting a mortgage, one of the most common questions is “how long does it take for the lender to release the mortgage funds?” This is an important question, as having access to the mortgage funds in a timely manner is crucial for completing your new property. …
Unless the buyer is a first-time buyer, the buyer of your home is likely also selling their own property at the same time. This loop is known as a property chain, and if any one link breaks, the entire chain could collapse. Whether you’re buying or selling a property, it’s disappointing when a sale falls…
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