Residential Conveyancing: Is my new property subject to the higher rate of Stamp Duty Land Tax?

On Wednesday 16 March 2016 the Chancellor of the Exchequer confirmed that the new Stamp Duty Land Tax rules for the purchase of additional residential properties will be implemented on 1 April 2016 in a bid to support home ownership and first time buyers.

For more information on how this may affect you, frequently asked questions, *Stamp Duty Land Tax rates for purchases and **Higher Stamp Duty Land Tax rates for additional property click here.

If you would like to speak to one of our residential property experts, please ring 0330 123 1229 or emailinfo@smithpartnership.co.uk.  Alternatively fill in out our conveyancing quote form and we will be in touch.