Current status: Answered by Shona Robison on 18 March 2025
To ask the Scottish Government, further to the answer to question S6W-34780 by Shona Robison on 26 February 2025, what its response is to reported concerns that its approach to aiming to help first time buyers does not work towards increasing the underlying supply of housing units, and whether it has done or commissioned any work to analyse the impact of (a) the non-proceeding of the Additional Dwelling Supplement transactions referred to on supply in the private rental sector and (b) each of its changes to the Additional Dwelling Supplement and Land and Buildings Transaction Tax to the overall supply of housing units in the Scottish housing market.
As set out in the response to question S6W-34780, increasing the rate of the Additional Dwelling Supplement is intended to support increased opportunities for first-time buyers and home movers while raising vital additional revenue to support public services. This takes account of the latest Scottish Fiscal Commission forecasts for Land and Buildings Transaction Tax and its assumptions regarding the behavioural effects of the rate increase.