Skip to main content Skip to footer

LBTT confusion help!

I currently own and privately rent out a flat because when I went to sell it the house price had dropped so low and wouldn't cover the repayment of the mortgage. I decided to rent it out and move to a new house which is currently my main residence. I want to move house but I am confused about this new LBTT set of rates. I am hoping to conclude the sale of my property and purchase of a new one at the same time, so i will always only own 2 properties. Does the higher rate apply? If so how does it calculate?

Asked on Oct 11 2016, New Homes in Scotland | Report content

Answers (0)

Was this question useful? Yes 0 No 0

Be the first to answer this question.

Didn't find what you were looking for? Ask a question

More New Homes in Scotland questions on AskMe

See more AskMe Q&A about New Homes