Real estate investment firm London Central Portfolio warns that a mooted rise in CGT could result in a negative trickle-down effect on the wider economy.
Boris Johnson’s government has a huge opportunity to reset the housing debate - and keep its promise to both ‘build back better’ and plan for them more quickly - by delivering the changes needed to support the construction of more than 300,000 new homes each year.
London Central Portfolio (LCP) is experiencing an influx of international buyers, willing to blind purchase properties in prime London to acquire at the bottom of market pricing.
Renny Biggins, Head of Retirement at TISA, says: “We do not believe the proposals outlined in this paper are proportionate and are likely to cause more consumer and industry detriment than they seek to remove.
A stamp duty surcharge to be introduced in April next year is going to seriously impact overseas developers and could cause inflation, says tax and advisory firm Blick Rothenberg.
UK house prices have risen again in the latest ONS house price index for August, showing that growth is picking up steam as 2020 progresses, despite the effects of the pandemic.
The Nordic real estate markets have shown resilience in 2020, despite the economic turmoil caused by the coronavirus pandemic, according reseatrch by Catella.
ReSolve, the boutique business advisory and restructuring house, says that owners of small and medium-sized enterprises should act now to decide whether their premises are still fit for purpose and not wait until the end of the year, even if eviction bans are extended.
Findings from the FCA consultation on potential changes to the structure of open-ended property funds contain significant benefits for the sector says Richard Peacock co-manager of the Kames Property Income Fund.
Dexters, a London-based independent Chartered Surveyor and Estate Agent, has welcomed the UK Chancellor’s attempt to boost the London and wider UK housing market through the announcement of a temporary holiday on Stamp Duty on the first GBP500,000 of all property sales in England and Northern Ireland.