We are open for appointments. See how our teams are keeping you moving in England, Scotland and Wales.

Land and Buildings Transaction Tax (LBTT), Scotland

Land and Buildings Transaction Tax (LBTT) is the Scottish equivalent of Stamp Duty.

The changes made by the Scottish Government mean if you buy a home up to the value of 250,000, you won’t need to pay any LBTT, and even if you are buying a home over £250,000, you will make a saving. So now could be a great time to buy your new home.

What is LBTT and why do we have to pay it?

What is LBTT?

Land and Buildings Transaction Tax (LBTT) is the tax charged by the Government in Scotland when you buy a home of more than £250,000.

Why do we have to pay it?

When you buy a property the change in land ownership has to be legally registered at the Land Registry. This process requires a certificate from Revenue Scotland – which they will only issue on receipt of the LBTT payment due on the purchase of the property.

The transfer of funds to pay the LBTT will be managed for you by your solicitor.

How much is LBTT?

For homes over £250,000 there is still no LBTT to pay on the first £250,000, then the following rates apply:

Purchase price

     LBTT rate

£0 to £250,000


£250,001 to £325,00 


£325,001 to £750,000


Over £750,000



Discover Your LBTT Savings

Enter your details into our updated LBTT Calculator to discover how much LBTT you’ll have to pay when you buy a home between now and 31st March 2021.

As well as this, you’ll also discover how much you will save based upon the previous LBTT taxes if you were to purchase before the tax break ends.

What if I am an investor or own more than one property?

David Wilson Homes

Residential property transactions where the purchase price is under £250,000, and to which the Additional Dwelling Supplement (ADS) does not apply, will attract no LBTT. For transactions where the purchase price is above £250,000, the rates and thresholds that usually apply to the proportion of the purchase price above that amount remain unchanged.

Where the Additional Dwelling Supplement (ADS) applies, the change to the starting threshold will also apply to such transactions.

This means that a residential property transaction that is liable to the ADS will not pay the standard rates of LBTT on the first £250,000 of the purchase price, however the ADS will remain payable at 4% of the total purchase price.