Important information on the stamp duty changes | R3 Mortgages
Residential & Commercial Finance Specialists

Important information on the stamp duty changes

British Mortgages

The Government announced in the Autumn Statement changes regarding additional property purchases and the associated SDLT (stamp duty land tax). These proposed changes will take effect from 1 April 2016.

As a reminder, we are processing applications as efficiently as possible, but given the unprecedented market conditions and reliance on all parties involved in purchasing a property, we cannot guarantee the length of time it will take to complete applications.

When considering the costs of purchasing additional property, please consider the potential for additional stamp duty costs if completion occurs after 31 March 2016.