If you are looking to buy a second home, or if you are in the market for a buy-to-let property, then you should consider the new rules that have been announced which will apply from April 2016. This provides for a substantial increase in duty. If you think you will be affected, please contact us. There are also tighter rules on the way for payment of Capital Gains Tax - which will need to be paid within 30 days of completion and tax relief against profits have been restricted. You may need to check your position with your accountants.