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Buying with Barratt
Land and Buildings Transaction Tax (LBTT) is the tax charged by Government in Scotland when you buy a home for more than £145,000.
Looking in London?
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 the HMRC – which they will only issue on receipt of the LBTT payment due on the purchase of the property. So, put simply, if you don't pay the LBTT, you can't buy your new home. Luckily, you don't have to worry about it as it’s one of the things your solicitor takes care of.
Up to £145,000
Above £145,000 to £250,000
Above £250,000 to £325,000
Above £325,000 to £750,000
Legally, the purchaser has to pay the LBTT on their purchase. However we may be able to pay it for you up to a maximum of 4% of the purchase price of your new Barratt Home – just ask the Sales Adviser at the development.
Should you proceed with this Barratt Homes' offer, we will pay the agreed sum to your solicitor on completion of the purchase of your new home.
For more details just ask one of our Sales Advisers at any of our developments.
Click to read the full Terms and Conditions.
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Barratt Homes is a trading name of BDW TRADING LIMITED (Company Number 03018173) a company registered in England whose registered office is at Barratt House, Cartwright Way, Forest Business Park, Bardon Hill, Coalville, Leicestershire, LE67 1UF, VAT number GB633481836. Prices correct at time of publishing. Calls to 0844 numbers cost 7 pence per minute plus your phone company’s access charge.