Scottish first time buyers
Media playback is unsupported on your device

Scottish Budget: Boost for first-time buyers

Homebuyers in Scotland will pay no tax on properties costing less than £135,000, Finance Secretary John Swinney has announced.

And a 12% marginal rate for houses costing more than £1m will come into force next April, when stamp duty is replaced north of the border.

Mr Swinney's plan came in his budget proposal for the year ahead.

The BBC's Scotland political correspondent, Glenn Campbell, reports.

  • 09 Oct 2014
  • From the section UK
Go to next video: New Scottish taxes in draft budget