Most mortgage lenders require a minimum deposit of 5% to 10% of the purchase price, though a larger deposit will usually give you access to better mortgage rates. If you are a cash buyer, no deposit is required. We can point you in the direction of a trusted mortgage… Read More
In addition to the purchase price, you should budget for LBTT, solicitor’s fees, mortgage arrangement fees, and a survey if required. If you are buying an additional property, the Additional Dwelling Supplement of 8% will also apply. We are happy to talk you through the likely costs at any… Read More
It is possible but can be complex, as you may need bridging finance to cover the gap. Many buyers choose to sell first to avoid this. We can help coordinate both sides of the transaction if you are selling and buying through Roslea, making the process as smooth as… Read More
Once missives are concluded, the sale is legally binding for both parties. Your solicitor will carry out final searches, arrange for the funds to be in place, and prepare for the settlement date. On the day of settlement, the purchase price is transferred and you receive the keys to… Read More
If a property attracts strong interest, the seller’s agent may set a closing date — a deadline by which all offers must be submitted. Your solicitor will advise on the best price to offer based on the Home Report value and comparable sales. The seller is not obliged to… Read More
Once an offer is accepted, the legal process of concluding missives typically takes two to six weeks. The overall timeline from offer to settlement depends on both parties’ solicitors and any conditions attached to the sale. We will keep you informed throughout and do everything we can to keep… Read More
A Home Report is a document that sellers in Scotland must provide before marketing their property. It contains a Single Survey (assessing the condition and value), an Energy Report, and a Property Questionnaire. As a buyer, you are entitled to request a copy, and your mortgage lender will usually… Read More
Yes. In Scotland, a solicitor is essential for buying a property. They will submit your offer, negotiate missives, carry out the legal searches, and handle the transfer of ownership. We recommend getting a solicitor in place before you start viewing so you are ready to move quickly when you… Read More
In Scotland, offers are submitted in writing by your solicitor. You cannot make a binding offer yourself without legal representation. Your solicitor will submit a formal offer outlining the price, entry date, and any conditions. This is why having a solicitor in place before you start viewing is strongly… Read More
Land and Buildings Transaction Tax (LBTT) is the Scottish equivalent of Stamp Duty. The amount you pay depends on the purchase price and whether you already own a property. If you are buying an additional property, an Additional Dwelling Supplement (ADS) of 8% applies on top of the standard… Read More
Living well in Glasgow.