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A Brief Guide to Stamp Duty Changes

26th Jan 2016

In the latest Autumn Statement the Chancellor announced plans to introduce an extra 3% stamp duty charge for second homeowners and landlords on the whole price of a home they’re buying above £40,000.

The Treasury are running a consultation period until 1st February 2016 before confirming the final policy design before the new rate comes into effect on 1st April 2016. While the consultation is running, the detail may change.

For further details take a look at our handy guide to stamp duty changes: http://www.prestonbennett.co.uk/index.php?_action=moduleprocess&_module=Reapit%5CReapitWeb%5CMVC%5CModules%5CProperty%5CPdf%5CLink&property=prbrps-STN140631

 

 

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Sales: Preston Bennett is a trading name of Countrywide Estate Agents, Registered in England Number 00789476. Registered Office Greenwood House, 1st Floor, 91-99 New London Road, Chelmsford, Essex, CM2 0PP.

Lettings: Preston Bennett is a trading name of Countrywide Residential Lettings Limited, Registered Office Greenwood House, 1st Floor, 91-99 New London Road, Chelmsford, Essex, CM2 0PP. Registered in England Number 02995024 which is an agent and subsidiary of Countrywide Estate Agents, Registered Office Greenwood House, 1st Floor, 91-99 New London Road, Chelmsford, Essex, CM2 0PP. Registered in England Number 00789476. Countrywide Residential Lettings Limited is regulated by RICS. Countrywide Estate Agents is an appointed representative of Countrywide Principal Services Limited which is authorised and regulated by the Financial Conduct Authority.