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Property Tax / Stamp Duty

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By (user no longer on site) OP   
over a year ago

Much more difficult to sell a property worth over £325k in Scotland as buyers have to pay 10% on the purchase price

In Scotland any home in the band between £325,000 and £750,000 now has to pay 10% up in Scotland unlike rest of UK where it is 5%

so if you are buying a home at £500,000 you have to pay up a further £50,000 in property tax

£50,000 is one hell of a lot of cash to consider when purchasing a home

.

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By *iamondjoeMan
over a year ago

Glastonbury

a) £325-750k is quite a lot for a house anywhere (except London) and might suggest you can pay a little extra tax

b) you (or perhaps Scotland) voted SNP, so that's what you get

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By *olgateMan
over a year ago

on the road to nowhere in particular

A new build 2 bedroom flat on Goldhawk Road, Shepherd's Bush, Chiswick borders is for sale for £695,000 you don't get much for half a million in London nowadays

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By *iamondjoeMan
over a year ago

Glastonbury


"A new build 2 bedroom flat on Goldhawk Road, Shepherd's Bush, Chiswick borders is for sale for £695,000 you don't get much for half a million in London nowadays "

But London's not in Scotland

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By (user no longer on site)
over a year ago


"A new build 2 bedroom flat on Goldhawk Road, Shepherd's Bush, Chiswick borders is for sale for £695,000 you don't get much for half a million in London nowadays

But London's not in Scotland"

Really?

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By (user no longer on site)
over a year ago


"A new build 2 bedroom flat on Goldhawk Road, Shepherd's Bush, Chiswick borders is for sale for £695,000 you don't get much for half a million in London nowadays

But London's not in Scotland

Really?"
.

Yeah George bush always got confused between Islington and Islamabad

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By (user no longer on site)
over a year ago


"A new build 2 bedroom flat on Goldhawk Road, Shepherd's Bush, Chiswick borders is for sale for £695,000 you don't get much for half a million in London nowadays

But London's not in Scotland

Really?.

Yeah George bush always got confused between Islington and Islamabad "

Us Americans are no good with the geogramaphy.

Does this mean Edinburgh isn't in Wales?

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By *iamondjoeMan
over a year ago

Glastonbury

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By (user no longer on site)
over a year ago


"A new build 2 bedroom flat on Goldhawk Road, Shepherd's Bush, Chiswick borders is for sale for £695,000 you don't get much for half a million in London nowadays

But London's not in Scotland

Really?.

Yeah George bush always got confused between Islington and Islamabad

Us Americans are no good with the geogramaphy.

Does this mean Edinburgh isn't in Wales? "
.

I dunno I'm confused by Wales and whales

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By (user no longer on site)
over a year ago

As evidence I enter... Independence day.

They cut to telling the rest of the world how to bring down the big ship and cue Iraqi desert.. Only it's a guy from the RAF with a cut glass English accent

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By *S RachaelTV/TS
over a year ago

Lowestoft


"Much more difficult to sell a property worth over £325k in Scotland as buyers have to pay 10% on the purchase price

In Scotland any home in the band between £325,000 and £750,000 now has to pay 10% up in Scotland unlike rest of UK where it is 5%

so if you are buying a home at £500,000 you have to pay up a further £50,000 in property tax

£50,000 is one hell of a lot of cash to consider when purchasing a home

."

You have a rabid leftvwing govt in Scotland that has tobpay for high spending. Will be worse ss they get more tax autonomy

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By (user no longer on site) OP   
over a year ago

what a lovely educated debate

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