Investing in Property – Stamp Duty Rises

Local Conveyancer in Taunton and Street

Do it now before Stamp Duty changes take effect

Spring is coming and now for some people might be a good time to invest in a new property whether it be your own home, buy to let property or buying a business premises.

In the new Tax Year (from April 6th 2016) Stamp Duty Land Tax is increasing by 3% on anyone buying a second property. For example if you were buying a £150,000 property to rent out then the Stamp Duty Land Tax would be £7500 whereas at the moment you would just pay £300 on this purchase.

Here at Acorn Solicitors we specialise in Property transactions for individuals, families and businesses. We have the Law Society’s Conveyancing Quality Scheme accreditation and are on most mortgage panels. We have a wealth of experience in dealing with Property matters and aim to help take the stress away.  We are a local family firm and our aim is to give you a personal service where you are a name and not a number.

If you are moving or thinking of moving please give us a call and we can give you a quote for the legal work we can do for you.

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