From Carl Warden, Senior Associate at Bell Ingram. Bell Ingram have seen a real increase in enquiries, viewing requests, offers and market appraisals over the last month.
The desire of purchasers and sellers to get things moving is winning through. The political situation has slightly settled for now but LBTT continues to play a role in purchasers’ deliberations and often reflects in negotiations.
Pressure still needs to be put on the Scottish Government to bring LBTT back in line with the rest of the UK to allow the bottleneck of higher end transactions to flow, thereby increasing LBTT revenue and making the market perform more efficiently.
Scotland remains incredible value for money and this is apparent from the level of interest shown from buyers from the UK and internationally.