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Lack of buyer Stamp Duty knowledge sounds alarm bells – Star Letter 11/03/2016

by: Mortgage Solutions
  • 11/03/2016
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Lack of buyer Stamp Duty knowledge sounds alarm bells – Star Letter 11/03/2016
Each week Mortgage Solutions rounds up the most opinionated and thoughtful comments of the week.

This week’s Star Letter goes to Commercial Trust for their comment: Surveyors see flurry of buy-to-let activity ahead of Stamp Duty deadline

It’s somewhat alarming that some buyers still don’t know whether their purchase will be affected.

In essence, nothing is set in stone as the Treasury won’t announce the final policy framework until March 16. But purchases take weeks, sometimes months, to complete. It has been down to industry bodies and firms to familiarise themselves with the proposals and inform their clients as best they can.

 

 

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