On 4 December 2015, we published a Q&A outlining the basics on the new higher rates of SDLT announced by the government in its Autumn Statement.
The new SDLT rates are intended to apply to purchases of "additional residential properties", such as buy-to-let and investment properties. The government has now released an open consultation on its proposal, requesting feedback and giving further information on how the new SDLT rules will work in practice when they are introduced on 1 April 2016.
In this briefing we look at further questions posed by these changes.
If you require further information on anything covered in this briefing please contact James Bromley (firstname.lastname@example.org ; 020 3375 7339), or your usual contact at the firm on 020 3375 7000. Further information can also be found on the Property and Tax pages on our website.