With average transactions taking 11 weeks to legal completion, now really is the time for those looking to invest their nest eggs into property to find that property. As from April next year Landlord’s face the addition of a staggering 3% surcharge on all stamp duty bands above £40,000.00, increasing the bill on a £275,000 home from £3,750 to £10,800.
To soften the blow, QualitySolicitors Parkinson Wright are pleased to offer Landlords a 10% reduction* on residential conveyancing fees for a buy to let purchase during January 2016, so start shopping now, before it’s too late!!
For more information please contact our Conveyancing Team on 01905 721600 for a quote.
For more information on Higher rates of Stamp Duty Land Tax (SDLT) on purchases of additional residential properties please visit the following link by HM Treasury:
*Offer not open to panel referrals