News
When does the stamp duty holiday end? See how it works for second homes and buy-to-let properties
Second-home buyers and buy-to-let investors will potentially save thousands of pounds due to the stamp duty holiday. All property buyers benefit from the tax break announced by Chancellor Rishi Sunak in the summer of 2020, which was recently extended and tapered until September 2021. This means that those buying additional properties, such as a second home or as an investment, only pay the tax at a rate of three percentage points on the first £500,000 of a property’s price. Outside the holiday, these buyers would pay this surcharge on the first £125,000, after that they were charged 5pc on the
February 7, 2024
No Comments
