It's the way they will announce in the budget 16th March and it comes into power on first of April. How can you plan around that.
Tory bankers
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Englishman's house is his castle...
" The consultation states that “if someone is purchasing their first or only property in England, Wales or Northern Ireland, they may pay the higher rates if they own property outside these areas”.
However, elsewhere the document states that the rules apply only to those who are replacing a “main residence”, which implies that holiday home owners could be exempt.
The consultation also says that the decision over which home is a “main residence” will be made by the Treasury, not the home owner, based on criteria such as the addresses given out to organisations and the degree of furnishing in each house.
Homeowners would have to declare non-UK property when buying a house in Britain, and could be committing a criminal offence if they do not declare second homes overseas.
Final policy will be announced at the Budget on March 16. "
Source: A home in France? You may face the UK buy-to-let stamp duty surcharge - Telegraph
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