Property News · March 31, 2016

Buy-to-let investors rush to complete before stamp duty rise


Measure designed to put brake on runaway buy-to-let market with 3% surcharge on second homes takes effect from midnightBuy-to-let landlords, estate agents, mortgage lenders and solicitors firms are locked in a last-minute battle to complete property deals before a stamp duty rise that takes effect at midnight on Friday.Following changes announced by George Osborne in November last year, anyone buying a home that is not their main residence will have to pay a 3% stamp duty surcharge from Friday. Continue reading…

Source : theguardian.com
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