Buying a House in Scotland: A Complete Guide

How buying works in Scotland

Buying a home in Scotland follows a distinct legal process. Unlike England, the Scottish system centres on missives — the formal exchange of letters between solicitors that constitutes a binding contract.

Key steps

1. Mortgage agreement in principle — secure this before viewing properties.
2. Note interest — your solicitor registers interest with the seller's agent.
3. Survey and valuation — arrange a Home Report (mandatory for most residential sales).
4. Make an offer — offers are typically sealed bids in writing.
5. Conclude missives — once both solicitors agree terms, the contract is binding.
6. Settlement — the date of entry, when keys and funds are exchanged.

Land & Buildings Transaction Tax (LBTT)

LBTT applies to residential purchases in Scotland. Bands rise with price, so budget for this cost above the purchase price. First-time buyer relief is available.

Tips for buyers

• Use a solicitor experienced in Scottish conveyancing.
• Read the Home Report carefully, especially the survey section.
• Factor in council tax and factoring fees for flats.