£4.6 billion in lost tax receipts and business revenue since 2014: Why the current stamp duty regime is hurting the UK economy

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Notwithstanding the latest move to target foreign buyers, the government's incessant tinkering with high-end property levies has failed to optimise direct and indirect tax revenue, stifled economic activity, and deprived the market of the necessary liquidity and fluidity to function normally, argues Fraser Slater...

Written by

Fraser Slater

CEO at Ludgrove Property

Fraser is the CEO and Founder of Ludgrove. With 25 years experience as a Fund Manager and Property Developer in Chelsea, Fraser started Ludgrove with an ambition to create London's leading property buying agency. ​ Fraser has a flair for spotting undiscovered property opportunities. This combined with his professionalism and expert negotiating skills honed on City trading floors, have won him the trust of some of the worlds' leading businessmen and entrepreneurs. ​ Besides property his passions include cricket, skiing, football, rugby and the stock market. ​ Fraser has lived in Prime Central London for over 20 years.

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Main image: London, United Kingdom - colorful houses in Camden Town district.

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