: You must pay a surcharge on top of standard Stamp Duty Land Tax (SDLT) rates. In England and Northern Ireland, this is typically an extra 5% on each band, as detailed by the HomeOwners Alliance .
: Unlike your main residence, a second home is not eligible for Private Residence Relief. When you sell, you will likely pay CGT on any profit made. buying a second home uk
: Popular locations like Cornwall or the Lake District offer high demand but may face stricter local planning regulations or higher entry prices, as noted by Northwood . : You must pay a surcharge on top