Purchasing property in Scotland as an overseas buyer
Manage episode 480020020 series 3438524
In today's episode, Paul & Megan are joined by solicitor Jill Andrews to discuss the challenges and trends for foreign nationals looking to buy property in Scotland in 2025.
Here's our jargon-busting guides to buying a property in Scotland:
Appointing a solicitor in Scotland
How to make an offer on a property in Scotland?
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Chapters
1. Intro (00:00:00)
2. Where are overseas buyers coming from? (00:01:54)
3. Why are these buyers draw to Scotland? (00:05:01)
4. Are they buying or renting first? (00:07:13)
5. What kind of properties are overseas buyers looking for? (00:08:01)
6. What is the buying process for non-residents? (00:10:10)
7. When does Additional Dwelling Supplement apply? (00:12:23)
8. What are the essentials to prepare for a move to Scotland? (00:13:35)
9. Should you sell first or buy first? (00:16:56)
10. The difference ways of buying across the world (00:17:55)
11. The quirks of the Scottish system (00:20:15)
12. Are these purchases with cash or mortgage? (00:23:17)
13. How long does the process take? (00:24:24)
14. Do exchange rates affect transactions? (00:25:45)
15. What are the most common mistakes for overseas buyers? (00:27:41)
16. Top tip for overseas buyers (00:31:40)
17. Final word on moving to Scotland (00:33:00)
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