Finance
Enness Private Clients appoints Sales Director
Mortgage brokerage Enness Private Clients has appointed Dean Spendiff as Sales Director.
Cordea Savills’s resi fund starts spending
Cordea Savills's first London Residential Development Fund has started buying, spending £40m on two adjacent properties in Chelsea.
Osborne stamps-out stamp duty dodging
The number of £2m+ homes being bought through the offshore company tax-dodge has plummeted by 80% since March's budget, according to the FT.
Finance Bill introduces annual property levy and extends capital gains tax reach
The new Draft Finance Bill includes, as feared, a bunch of new property taxes: there's a new annual levy for non doms with homes worth over £2m, and an extension to capital gains tax, at 28%, for "non-residential…
Required Reading: The Finance Bill 2013 for HNWs
The Government's Finance Bill 2013, published today, confirms that the proposals announced in March this year are coming into force in April 2013.
Compulsory purchase system is “inefficient and unfair” – CLA
The Country Land and Business Association has demanded a "root and branch reform" of Britain's compulsory purchase system as HS2 begins to hit home.
Berkeley posts whopping results
Profits at "Britain's best housebuilder," Berkeley Group, have rocketed by over 40% over the last six months, whilst the Group's revenues have ballooned by nearly 70% to £686m, according to the company's…
Prime property dodges “large bullet”
There were sighs of relief around Chelsea, Mayfair and Hampstead Village yesterday afternoon, as the Chancellor surprised us all by announcing that "there will be no new property taxes" in his Autumn Statement.
Required Reading: What does the Autumn Statement mean for HNWs
Yesterday's Autumn Statement delivered by Chancellor George Osborne did not, in fact, contain much detail on the Government's tax proposals, meaning the publication of the draft Finance Bill next week…
Autumn Statement: Will the Fiscal Fog clear today?
*BREAKING NEWS: Osborne promises no new property taxes...more to follow*
Today's the day that we finally find out, after moons of speculation, what George Osborne's Autumn Statement has to say.
Autumn Statement: HNW highlights and full transcript
So the Chancellor's just delivered his Autumn Statement... and it all seems ok.
Autumn Statement: Phew! What a relief
Instant reaction on what the Chancellor's Statement means for HNWs and the prime property sector from Trevor Abrahmsohn...
No new tax on property – phew, what a relief!