George Michael’s former north London home has sold for £19 million in a hotly contested private sale on the “grey market”. Sources say there was a lot of interest in the Highgate village house, which sold for “significantly more” than the asking price to a “very local couple”. The… Read More »George Michael’s London home:the Highgate house sold for £19 million in hotly contested private sale
A leading property consultancy is suggesting that a possible increase in Capital Gains Tax could end up losing money for the government, instead of increasing it. The claim comes from London Central Portfolio, a property consultancy, which has conducted an analysis to assess the impact on the residential market and… Read More »Capital Gains Tax hike may LOSE money, says investment chief
The sales market is currently strong but the Royal Institution of Chartered Surveyors has issued a warning about a slowdown next year when the stamp duty holiday ends. “There is considerable concern about the prospect of a sharp slowdown in transaction activity following the end of the first quarter of… Read More »Market losing steam as RICS worries about slowdown in 2021
The UK has topped the rankings for the highest property taxes as a percentage of overall taxation in the developed world for the second year running. Just as Chancellor Rishi Sunak appears to be resisting calls for an extension to the stamp duty holiday, and may be considering hiking capital… Read More »UK’s property taxes highest in world according to official figures
