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About Stamp Duty changes

Please let me know if you can clarify this specific case regarding new stamp duty fees: - foreigner (EU citizen not UK resident). - UK landlord in the past (not owning any property at the moment). - Looking to but-to-let residential investment 400-450k value. Which stamp duty I must pay in case? New fees list says 5% +3% but I don't understand if +3% fee will apply or not. They say will apply if you own more than one property or get a but-to let investment BUT not if you are a first time buyer and do buy-to-let investment.. I'm confused which category I belong to. Please only reply if you are sure about this specific case. Thank you, regards

Asked on Sep 21 2017, General in London | Report content

Answers (1)

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  • Hello Dana - If you are looking to purchase a buy-to-let property (that is not your main residence) then you will have to pay the Stamp Duty surcharge.

    Answered on Sep 23 2017, Report content

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