Finance
Hearthstone resi fund set for lift off
A quick update on a story we featured in May...
Camilla Dell on why buyers should not rule out short leases
Many buyers say they'll only consider a freehold or long-lease property, but that rules out a huge number of cracking homes, especially in prime central London.
How to Avoid Clegg’s Emergency Wealth Tax
Whether it is a genuine step to rebalance the books or a political gamble to regain the balance of power within the coalition government following the Liberals' defeat on Lords reform, Nick Clegg's proposal…
Pay now, move-in in 20 years
An odd proposition from Winkworth, but one that could prove mighty attractive to investors with a eye on the long term: they are marketing a property in South Kensington with a "deferred purchase agreement."
Required Reading: UK property held by offshore companies: consultation response from Mishcon de Reya
Mishcon de Reya has responded to the Government consultation document: "Ensuring the fair taxation of residential property transactions" (full version here) which covers:
Chinese boom yet to really hit Western property markets
The real flow of wealth from China to the West has not even begun, says Knight Frank's Andrew Shirley...
Everybody talks about the spending power of the Chinese.
Derwent’s big plans for Fitzrovia
Developer Derwent is set to reveal final plans for 14,000 square feet of resi (and 323,00 square feet of offices) at its much-anticipated Fitzrovia site, according to Building Magazine today.
Development Securities sells Westminster Palace Gardens for £21.9m
Development Securities has completed on the disposal of residential and retail components at Westminster Palace Gardens, which sold for £21.9m (netting the developer a profit of £2m).
Trevor Abrahmsohn on taxing the rich until the pips squeak
It's time to wake up and smell the Laffer-flavoured coffee, says Trevor Abrahmsohn...
Native Land snap up major Mayfair resi opportunity
Shortly after a Gulf based investor took a 45% stake in the company, Native Land has exchanged contracts to acquire a prime resi development site at 30 Old Burlington Street, London W1 from Standard…
Battersea Power Station development “to start next year”
David Cameron has announced that Battersea Power Station's long-awaited £8bn redevelopment will will begin next year, describing the 16ha site and Rafael Vinoly plans as “quite simply one of the…
Required Reading: new French taxes on property owners explained
Francois Marchand
Unsure how the recent French property tax reforms will affect you and your clients? Has there been an element of scaremongering?