News & Events

Could a Boat be Better than a Second Home?

As the UK government tightens its grip on second-home ownership through elevated stamp duties and taxation, more Britons are looking for alternatives to traditional property investments. Now that the Autumn budget has been announced, many buyers will see a stamp duty surcharge on second homes rise to 20%, pushing some second-home buyers to reconsider their options. For those who love the idea of a holiday getaway or a flexible lifestyle, purchasing a large live-aboard yacht may offer unique advantages. One key benefit is that yachts are not subject to stamp duty, regardless of their price. Unlike second homes, which can…