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If you are thinking about buying a holiday home it is important to do your homework on the legal implications. Here are some useful tips from experienced holiday home solicitors. Contact us for a chat about how we can help you with buying your holiday home.
Stamp duty on second homes is set to rise on 1 April 2016. The increase was announced by the government last year and will be a surcharge of 3% of stamp duty land tax on purchases of additional homes. The measure is aimed at curbing the rapid growth of private landlord buy-to-lets, but it affects all second-homes purchasers.