Property News · January 25, 2016

Investors 'rushing to snap up homes before buy-to-let tax comes in'


Estate agents report increased demand before stamp duty changes come into force on 1 AprilEstate agents are reporting a rush of interest from property investors trying to buy homes ahead of the government’s new stamp duty surcharge on second homes. From 1 April, anyone buying a property for more than £40,000 to let or use as a holiday home will pay stamp duty on the purchase at a rate three percentage points higher than the standard rate. Continue reading…

Source : theguardian.com
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