Stamp duty charges on buy-to-let (BTL) properties have risen by more than 600% since the introduction of the additional tax charge in 2016.
This extra levy increased the underlying stamp duty rate by 3 percentage points if this was not the buyer’s primary residential property – effectively pushing up the stamp duty charges on second home and buy to lets.
Research by Revolution Brokers shows that since 2016 the average stamp duty payment on a BTL property in England has increased by £11,848.
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