In Scotland, how long does it take to purchase a home? The conveyancing process can be finished in as little as six to eight weeks from the time your offer is accepted; occasionally, it happens much sooner. Of course, you must also account for the time spent looking for a home and the other preparations…
The conclusion is getting close. The date for concluding the transfer of ownership of your home has been established, and contracts have been exchanged. But what precisely happens on the day of completion? What must you do if you are the vendor or the buyer? Continue reading to learn how the process of purchasing or…
You might be curious about how long you’ll be responsible for any potential issues with the house after purchase if you’re considering selling your home. In this post, we’ll examine how long you are responsible in the UK after selling a home and offer some advice on how to lower your risk exposure. As a…
When you sell a home, there are several items you are required by law to disclose to the buyer. These factors would determine if the buyer decided to move forward with the transaction. This includes any declarations or suggestions, issues with the environment, and structural difficulties. Additionally, it’s critical to document any disputes and complaints….
Selling a House With Damp Damp poses significant challenges when selling a property, as it tends to deter potential buyers. No buyer wants to buy a home with damp issues, and it can greatly affect their interest in making an offer. In fact, a study conducted by YouGov revealed that 87% of homebuyers would be…
What are the advantages of a Deed of Variation? A Deed of Variation is a legal instrument that enables beneficiaries specified in a Will to alter how an inheritance is distributed. Importantly, it enables the addition of new beneficiaries to an estate by existing beneficiaries. Additionally, it enables them to change how an estate is…
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…
If you intend to buy a second property or land in Scotland and wish to own two dwellings, you will need to pay an addition to any LBBT and be aware when ADS applies to you. If you are going to buy a residential property or a holiday home, you might want to consult a…
There have been changes and the introduction of new rules to the fire and smoke alarm that every home must in Scotland comply with. This blog will discuss the interlink of smoke and heat alarms and what you need to do to meet the new standards of the Scottish fire and rescue service. Changes to…
If you’re going to buy a property in Scotland, you may have many questions for your estate agent like: Can I withdraw my offer on a property after it has been accepted? It is important you ask your solicitor and get in touch with conveyancing solicitors before you are buying a house and making a…
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