Stamp duty on second homes rise to 5% from tomorrow | Money Marketing
Chancellor Rachel Reeves has increased the stamp duty surcharge on second homes and investment properties from 3% to 5%, effective from tomorrow. Announced in today’s Autumn Budget, Reeves stated: “In our manifesto we committed to reforming stamp duty land tax to raise revenue while supporting those buying their
Announced in today’s Autumn Budget, Reeves stated: “In our manifesto we committed to reforming stamp duty land tax to raise revenue while supporting those buying their first home.”
CHL Mortgages commercial director Ross Turrell says: “Today’s Budget clearly calls for careful consideration from the buy-to-let (BTL) market. But, given the sector’s proven track record for successfully navigating ever-shifting regulatory and economic landscapes, we should
