3% Stamp Duty Hike Coming this April for Investors!
Surelock Network Auctions predict strong demand from buy to letinvestors at February auction
With a 3% hike in stamp duty coming in on April 1st for buy to let investors and second home buyers, the race to secure a property before the deadline is on!
Surelock Network Auctions predict strong investment buyer activity at their February auction as this will be one of the last chances to secure a property and complete a purchase before the deadline.
For sellers it is a great opportunity to benefit from this narrow “window of opportunity” and secure a sale.
It is also the last auction during this financial year and so for many sellers and buyers is the ideal opportunity to dispose or acquire during the current tax year.
Surelock Network Auctions’ auction will be held at the Grosvenor House Hotel in London on February 25th at 2pm and so there is still time to include lots and benefit from the combination of national coverage and local expertise that Surelock Network Auctions provide.
Surelock Network Auctions last auction in December saw an incredible 93% sales success rate and with bidding possible in the room, by telephone, by proxy and over the internet, the level of exposure and reach is excellent.
Auctions are an ideal method of disposal for any type of property and Surelock Network Auctions’ recent sales have included vacant and let residential property, ground rent investments, lifetime tenancy investments, vacant and let commercial property, land with and without planning consent and property in need of repair, modernisation and refurbishment.
Clients have included: private individuals, LPA receivers, local authorities, housing associations, property companies and investors and mortgagees in possession.