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Scotland LBTT and Land Tax
nathzn
Posts: 2 Newbie
Hi,
In the process of buying our first house and I'm a little confused with the funds requested by the solicitor.
Its showing the LBTT, which I expected. But it's also showing 'Land Registration' at £540. Can someone explain what that is above the LBTT?
Thanks
In the process of buying our first house and I'm a little confused with the funds requested by the solicitor.
Its showing the LBTT, which I expected. But it's also showing 'Land Registration' at £540. Can someone explain what that is above the LBTT?
Thanks
0
Comments
-
It's the fee charged by the Land Register to register your title (and your mortgage).
https://kb.ros.gov.uk/fees/registration-fees0 -
Thanks David.
Must have missed this when researching. I thought it was part of the stamp duty (LBTT)0
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