Need legal advice Call us now


Tax to increase for second home owners

13 December 2018 Property & Estate Agency Gillian Ralph

Buy-to-let landlords or those who are considering buying a holiday home should act now before the Additional Dwelling Supplement (ADS) increases.

The Scottish Budget delivered a blow for landlords and holiday home buyers, introducing a 1% increase on the tax payable when buying a second property. If approved by the Scottish Parliament, the ADS will increase from 3%-4% on 25th January 2019. 

Landlords would have to be very quick off the mark to complete before the surcharge on Land and Building Transactions Tax increases next month.


Get legal advice

Please let us know your name.
Please let us know your email address.
Please let us know your subject.
Please let us know your message.
Invalid captcha


Invalid Input
Invalid Input