Do you want to be out of pocket by paying the chancellor an additional 3% in Stamp Duty Land Tax (SDLT) when you buy your investment or newly build property? 

If the answer to that is NO!, then you need to ACT NOW to try to ensure you complete before the end 1st of April 2016 when the new rules Stamp Duty rates come into effect. 

How Much Will the New Rates Cost Me

The new rates could mean you pay much more than you bargained on:
 

Value of second propertyCurrent SDLTSDLT from 1 April 2016Increase in tax
£150,000 £500 £5,000 £4,500
£250,000 £2,500 £10,000 £7,500
£350,000 £7,500 £18,000 £10,500
£450,000 £12,500 £26,000 £13,500

How MW Can Help

At MW solicitors, we have a team of lawyers who specialise in acting for buyers of brand new properties.  We are used to dealing with buyers who need to process their transactions quickly.

Don't delay, call our Head of New Build, Guy Fernback direct on 020 7186 7085 or email him at Guy.Fernback@mwsolicitors.co.uk

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