Month: December 2015

The Starter Homes Revolution

Article written by Property Investor Awards

Since the publication of the Housing and Planning Bill, property investors, developers, planners, and LGAs have been trying to understand the practical implications of the provisions. The Bill is currently sitting at the House of  Commons stage, after going to the House of Lords and the Communities and Local Government Select Committee, for further scrutiny.  The Government showed its further commitment to “turn generation rent into generation buy”  by stinging smaller landlords with an extra 3% of Stamp Duty Land Tax from the 1st April 2016 on the purchase of additional properties like buy-to-lets and second homes, to help fund the building of new starter homes.

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