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Budget hit to holiday homes and buy-to-let landlords: Rachel Reeves hammers those buying second properties as she hikes stamp duty surcharge to 5% from TOMORROW

Written by wordpress October 31, 2024

Rachel Reeves used her Budget today to hike stamp duty for buy-to-let landlords and those buying holiday homes. The Chancellor announced, from as soon as tomorrow, those purchasing additional properties will have to pay a 5 per cent surcharge. This is a two percentage point increase of the current 3 per cent surcharge, with Ms Reeves […]