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Changes re Stamp Duty on Buy to let

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If interested in purchasing an investment property to let out or a second home please be aware of the new stamp duty being brought in by the Government and the deadline to complete a purchase to avoid having to pay this extra tax.

Please note if the purchase does not complete by the deadline then stamp duty will be payable at the new rates irrespective of when the proposed purchase commenced.

Therefore if a mortgage is required it is important to consider the timescales involved as it is anticipated lenders will be busy over the next 3 months which could see turnaround times increase.

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