The Stamp Duty Hike in April Could Cost You £8,250

21.01.2016 John Parky Share this post  Share to Twitter Share to Facebook Share to Google+

You may have heard about the stamp duty changes that were announced in the Autumn Statement in 2015. If you haven’t, stamp duty rates are set to rise a whopping 3% on all buy-to-let and second home purchases.

 

Whether you’re new to property development or a seasoned pro, the deadline to purchase your next buy to let is the 1st April 2016!

 

Miss the deadline and you could see your stamp duty tax bill rocket.

An example of just how urgent this is? If you wanted to take on a £275,000 buy-to-let or second home, the current rate of stamp duty means a £3,750 bill. From April, for investors and second home owners, it will be £12,000!

We want to help you act fast!

Here are 3 of our best properties (click to veiw full details) – and if you click  here, you can view even more properties available now!

 

 

 

Don’t delay as time is ticking! Speak to an expert today by calling the office on 0117 977 7671 – we’re here to help.

Not sure how much you can borrow? Give us a call and we can recommend a highly professional mortgage adviser.

This might also be the perfect time to sell, as savvy property investors will be looking to buy quickly before the stamp duty hike!  Call us today to arrange a valuation on your property.

 

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