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Posted on 01/12/2015 by Sulgrave Estates

Osborne’s Stamp Duty Bombshell For Landlords

The Chancellor has announced that landlords and second home buyers will pay an extra 3% stamp duty on top of the applicable rate. The Private Rented Sector has accounted for a large majority of the new dwellings created in England and Wales over the last twenty years and this is yet another hit for landlords on top of the changes announced in the Summer Budget. Alan Ward, Chairman of the ...