How to avoid stamp duty on a second home?
If you're thinking about buying a second home, it's a good idea to know how to avoid stamp duty. For many people in the UK, the decision to buy their own home comes with a hefty price tag. In order to take advantage of the advantage of owning your own home, you need to know how to avoid stamp duty on your purchase and buy to let stamp duty . Luckily, there are a few simple steps you can take that will ensure that you don't pay a cent more than is due on your purchase. The first step in learning how to avoid stamp duty on second home is to know your mortgage provider. In most cases, lenders will offer interest-only mortgages for the first few years after which they will increase the repayments to a repayment mortgage. If you're looking at an interest-only mortgage, then you should research different providers and select the one that offers the lowest interest rates and fees on your mortgage. You should also consider the features offered by different provid...