Corporate/fund investors making a significant investment in PRS to support the government housing agenda, such as Sigma, will be exempt from the new stamp duty surcharge on Buy to Let/second homes to be introduced next year. The surcharge will add an extra 3% to the existing levy on residential house purchases. The announcement came in yesterday’s Autumn Statement and follows the measures introduced in the Budget earlier this year controlling Buy to Let investment by individuals at the expense o ....
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Sigma to be exempt from new Buy-to-Let stamp duty surcharge
- Published:
26 Nov 2015 -
Author:
Andrew Watson -
Pages:
3
Corporate/fund investors making a significant investment in PRS to support the government housing agenda, such as Sigma, will be exempt from the new stamp duty surcharge on Buy to Let/second homes to be introduced next year. The surcharge will add an extra 3% to the existing levy on residential house purchases. The announcement came in yesterday’s Autumn Statement and follows the measures introduced in the Budget earlier this year controlling Buy to Let investment by individuals at the expense o ....