Buy to let mortgage 2016 – how will the stamp duty increase affect you?
If you are planning to invest and want a buy to let mortgage in 2016, you are advised not to delay. We recommend that you get on and find a mortgage to buy before April next year.
As well as bringing in tax changes and buy to let mortgage regulation changes the government has now advised that it intends to bring in a stamp duty increase. Stamp duty on buy to let purchases will now be set at 3%.
It is expected that this change will impact the smaller scale buy to let investors who may not be able to afford to invest.
To avoid missing out on a mortgage, search the market now through Deal Direct.
We can find you a buy to let product for 2016 so that you can be in a position to invest before the changes come in.
For mortgage advice contact an impartial adviser on 0800 048 8828.
- Please note that Deal Direct are regulated by the FCA to offer mortgage advice, however we are not regulated to offer financial advice.
- We cannot advise you as to the suitability of property as an investment. For that kind of financial advice you will need to contact an IFA.
- Please also note that not all BTL mortgage products are regulated by the FCA.
For advice and a quote call 0800 048 8828.
