Finance

  • Finance

    Is It Still Worth Investing in Property Since the Increase in Stamp Duty?

    We explore whether it is still economically viable to invest in property since the stamp duty increase, and what sort of properties you can invest in to minimise the effect of the increase or completely bypass it altogether. The Impact of the Increase in Stamp Duty The cost of an investment property in Birmingham is £168,062.00 which means you’d typically have to pay £5903 in stamp duty costs. The Increase in Stamp Duty Has Contributed to House Price Slump property insights One of the main issues that the increase has caused, has been the increased cost in acquiring new property, which has subsequently caused a slump in house price inflation.…