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Buy to Let investors and Second Home Buyers face higher Stamp Duty

 

The Chancellor has announced in the Autumn Statement that from April 2016, Buy-to-let landlords and people buying second homes will soon have to pay more in stamp duty.

 

Purchases in England and Wales will have to pay a 3% surcharge on each stamp duty band, including those between £40,000 and £125,000 where currently these are exempt.

 

Is now the time to look for that investment purchase, or even sell that empty property before the tax changes take place?

 

Contact us now to discuss 01228 515666, or click here for more information.

27/11/15

ESTATE AGENCY - Attention Investors

by Neil Emmerson
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