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Blog Category: Buy To Let

2nd Home

What are the implications of the Second Home Stamp Duty Increase?

The new Stamp Duty Charges that were put in to force as of April 1st 2016 mean that now 3% of the total purchase price will be payable by the buyer in relation to the purchase of a second property. Secondary properties would include those being brought as a holiday home or as a buy-to-let investment. In monetary terms, if you were to buy a second property at a value of £200,000, the buyer... Read more