ChatterBank1 min ago
Stamp Duty Buy To Let
1 Answers
Hi I am about to buy a buy to let. How will stamp duty effect this property
Many thanks
Many thanks
Answers
Best Answer
No best answer has yet been selected by cris r. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.During the Stamp Duty 'holiday', purchasers of second properties will continue to pay 3% above the rate paid by people purchasing their own homes. Since the rate appiicable to such people will be zero (as long as the value of the property doesn't exceed £500k), you'll pay 3% :
https:/ /www.go v.uk/gu idance/ stamp-d uty-lan d-tax-t emporar y-reduc ed-rate s
https:/