Higher Stamp Duty?

December 22nd, 2015

The Telegraph was inundated with requests from readers for answers to questions about the higher rates of stamp duty on second homes and buy-to-lets announced in the Chancellor’s Autumn Statement.

The Telegraph said it could answer one: if you own a home and a buy-to-let, you will be able to sell your home and buy another and pay the normal, not the higher rates. But another was harder: if you own a buy-to-let, will you be able to buy a home to live in at normal rates of stamp duty or will you have to pay the higher rates? HMRC told the Telegraph the answer would be in a paper it would issue early in the New Year.