Two dwellings owned overseas, one rented out and one main residence, next main residence being purchased in Scotland, existing main residence being replaced.

 

Example:

William and Antonia own two dwellings in Malta, one which they rent out and another which they use as their main residence. They decide to sell their existing main residence and to move to South Queensferry, buying a new main residence there. They intend to keep their rental property for use as a holiday home.

At the end of the day that is the effective date of the transaction, William and Antonia own two dwellings but, as they have replaced their existing main residence, the ADS will not apply.

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