As of April 2016 the changes in the chancellor’s summer budget will come into effect in England and Wales.

These changes will see all second-home owners, and current and future landlords within the private rented sector, face an additional three per cent stamp duty on their properties.

With these tax changes approaching, it would be wise to make any additional property purchases before April 2016. By completing the sale earlier, you will be able to pay the current lower level of stamp duty, avoiding the additional expense and allowing you to maximize your tax savings on your first year’s rental income.

If you are looking for a property right now, then we strongly recommend that you seek qualified financial advice – especially if you are new to the buy-to-let market. Keywest can help you find what you are looking for and ensure that you don’t miss out on any money-saving opportunities!

We will support you throughout the process, including finding the right tenant, and help you to avoid any last minute buy-to-let rush.

Call us today on 0116 2544 555 and let one of our property experts help you.