Stamp Duty Switch Will Help First Time Investors in the Capital Save an Average £13,170

Property investment opportunities are hitting the market way too late. Apart from Brexit and many other factors, stamp duty hike should be credited for this. This is certainly proving to be slightly expensive at least for the first time buy-to-let property investors. However, the YBS (Yorkshire Building Society) has been calling on the UK government for transforming the stamp duty regime for some time. According to the propertyagents in London, this welcome move will help them switch the burden of duty entirely from 225,000 new buyers to sellers. A recently conducted research in this regard suggests that the first time buy-to-let property buyers will be able to save an average of £3,790 because of this stamp duty reform. Some of the experienced buy-to-let property investment experts or agents are estimating savings on this stamp duty reform even greater in London. According to The buy2let shop reviews, stamp duty switched from buyers to sellers will help a wise first time buy-to-let investor save at least £13,170. A lot of property seminars inLondon are being conducted to help first time investors gain full advantage of this profitable opportunity of this situation.