Stamp duty hike for buy-to-let comes into effect on 1 April, not on 6 April

This is actually a joke, and I feel like this government do not consider younger generations. I don’t understand this at all, makes no sense to me.

Up to March 31 this year, no stamp duty on second homes and buy-to-lets is charged on the first £125,000. It is charged at 2 per cent between £125,000 and £250,000, 5 per cent between £250,000 and £925,000, 10 per cent between £925,00 and £1.5million and 12 per cent above that.

But from 1 April, each stamp duty band will rise by 3 per cent, adding thousands of pound to the bill for landlords and second-home buyers.

Only God knows when I’ll buy my own house then lool

	Stamp duty bill on a property before 31 March 2016	Stamp duty bill on a property From1 April 2016
average cost of a property in England & Wales - £188,270	£1,265.00	£6,913
average cost of a property in London- £514,097	£15,704	£31,127
average cost of a property in the South East - £261,581	£3,079	£10,926