Property Sector Responds to Stamp Duty Hike on Second Properties
Posted on Monday, 4 November, 2024
The residential property sector is grappling with the news of a 2% increase in Stamp Duty on buy-to-let properties, effective immediately. Chancellor Rachel Reeves announced this increase, raising the tax on investment properties from 3% to 5% in the recent Budget. This change is expected to heavily impact landlords, though…
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