Own more than one residential property? – our must read guide to the April SDLT changes

As so many of our investor clients have been asking how the changes to the SDLT regime which come into force on 1 April are likely to affect them we have produced a guide which can be downloaded from our website.

Even if you do not consider yourself to be a property investor, however, you could still be affected by the new regime. Did you realise for example that if you are married and your spouse owns a property you could still be caught by the higher rates of tax if you purchase a new residential property in your sole name.

For more on this and the rest of the proposed changes as well as details of the possible exemptions you need this guide: http://www.hedgeslaw.co.uk/cms/documents/Investment_properties_new_SDLT_regime.pdf

In view of the changes to the rates of SDLT that are due to be introduced on the purchase of second properties with effect from 1 April 2016 have a look at our guide here.