From today (1 April 2016), new stamp duty land tax (SDLT) rates for second homes will come into force, affecting those purchasing buy-to-let properties, holiday homes or helping a family member to buy their first home.
The additional stamp duty for those buying a second home will be 3% higher than the rate charged for those buying their main residential property.
Source Moneywise http://ift.tt/22Ud9xt
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