It has been a particularly busy month for Oglethorpe Sturton & Gillibrand’s conveyancing department.
The government announced in their Autumn Statement an increase in Stamp Duty Land Tax for second homes and buy to let properties purchased on or after 1 April 2016. This is a 3% increase on the usual residential Stamp Duty Land Tax rates, which also starts at purchases of £40,000 or more.
This massive increase has seen a surge in property purchases in the New Year and purchasers desperate to complete before 31 March 2016.
Oglethorpe Sturton & Gillibrand’s strong property team have worked tirelessly to ensure that second home purchases have already, or will be in a position to complete, before the end of March. Easter has definitely come at an inconvenient time for our property lawyers!
Oglethorpe Sturton & Gillibrand focus their service around their clients, offering a personal service and our solicitors always have the best interests of their clients at heart.
If you would like any further information or to request a quote for any conveyancing work please contact the team either at Lancaster or Kirkby Lonsdale.