Four properties benefitting from the LBTT holiday
In July, the Scottish Government increased the threshold for Land and Buildings Transaction Tax (LBTT) for residential property transactions.
The temporary change to the rules raises the Nil Rate Band or “threshold” for LBTT to £250,000 for residential transactions, with the intention of discontinuing the measure on 31st March 2021.
In today’s blog we are taking a look at 4 properties now exempt from LBTT. Could one of them be your next home?
This contemporary mid-terraced property is located in the Bridge of Don area of Aberdeen and is on the market for £215,000. Presented in immaculate condition, this 3-bedroom home offers bright airy interiors and a stylish kitchen with island. With minimalist décor throughout, this home is just waiting for a new owner to move in and make it their own.
Are you a green fingered enthusiast? If so, you’ll love this 4-bedroom detached granite home tucked away in a quiet cul-de-sac in Tarland. On the market for offers over £225,000, this charming property is bursting with desirable features. However, the true standout feature of this home is the large garden grounds – from a variety of shrubs, plants and raised beds for vegetables, to the covered seating area which is perfect for al-fresco dining. This home is ideal for those who love to spend time outdoors.
Located in the popular Ferryhill area of Aberdeen and on the market for offers over £240,000, this delightful 2-bedroom semi-detached home is just waiting to be snapped up by its new owner. The modern open-plan kitchen/dining area is undoubtedly the heart of this home. With French doors leading out to the garden, it perfectly combines indoor and outdoor living and would be ideal for hosting your family and friends.
On the market for offers over £245,000, our final property is a 4-bedroom executive detached home in the scenic coastal town of Inverbervie. The bright interiors, semi open-plan kitchen dining area, master bedroom with ensuite and private enclosed garden make this the ideal family home.
What do you love about these homes?