Stamp duty to rise for some buyers

Stamp duty to change for 2nd homes - including buy to let

In his autumn statement, the chancellor announced that higher rates of stamp duty will be charged on 2^nd home property purchases, which includes buy-to-let properties above £40,000.

This change will come into effect on purchases that complete from midnight on 31^st March 2016.

The higher rate of stamp duty for 2^nd home purchases will be 3% above the current stamp duty level and will represent a significant cost for buyers.

Nick Wadsworth MRICS

Residential Sales Valuer

Horncastle office

Tel: 01507 522222

Email: horncastle@robert-bell.org

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Excellent service Jill and the team were excellent throughout the process - would recommend and definitely use again
All agents should be like this RB are simply terrific. We were at the top of the chain and those below seemed complicated, yet RB (Jill) took the lead and through her tenacity and perseverance mobilised the agents below to work together. If everyone used RB the selling and buying process would be so much better. I would never choose anyone else. 5 stars.
Brilliant team at Horncastle. Lovely friendly staff, absolute pleasure to talk to and so so helpful. Very happy in our new home. Managed to get in to the property before Christmas and get some decorations up just in time. Thankyou.
Fantastic Customer service throughout. Amy was amazing! We found the service exceptional throughout.
Professional, caring, friendly staff

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