Finance
OBR Analysis: Budget announcements mean more non-doms will leave the UK
A quarter of non-doms with on-shore trusts are likely to migrate out of Britain, suggest experts, plus 12% of non-doms without trusts.
Prime property finance firm ramps up insurance arm
Karis Capital bolsters recently-launched division with raft of new recruits.
Required Reading: The Autumn Budget 2024 for HNWIs & business owners
Mishcon de Reya's legal & tax experts talk us through the key points & policies announced by Chancellor Rachel Reeves - including significant changes to Stamp Duty & Inheritance Tax.
‘Not the pre-Halloween horror show we had braced ourselves for’: Property industry reactions to the Autumn Budget 2024
Featuring insights from: Dominic Agace, Tim Bannister, PC Chawla, Lucian Cook, Becky Fatemi, Guy Gittins, Mark Harris, Nina Harrison, Adam Jennings, Trevor Kearney, Nick Leeming, Roarie Scarisbrick, Nicky…
‘This Budget raises taxes by £40bn’: Reeves targets second homes, inheritance, capital gains & non-doms
Stamp Duty on additional homes is going up from tomorrow, but there's no change to CGT on residential property.
Industry Reactions: Mortgage approvals hit a two-year high
'The outlook remains a very positive one for the remainder of the year,' comments Stephanie Daley of Foxtons-owned mortgage advisor Alexander Hall.
New Alexander Hall chief leads rebrand
Mortgage lender has followed the lead of its sister estate agency Foxtons.
Rothschild & Co bolsters UK wealth management business
Daniela Jaume will work with the firm's network of professional advisers as Director of Strategic Relationships.
Chancellor set to leave CGT rates for second homes ‘untouched’
New leaks from Downing Street suggest Rachel Reeves is planning to leave Capital Gains Tax on property sales unchanged, while increasing rates on other asset sales by 'several percentage points'.
Economists warn of landlord ‘exodus’ if CGT rises
Capital Economics has modelled what would happen if Capital Gains Tax went up to 45% for the highest-earning landlords and second home owners.
‘Britain is being turned into the departure lounge’ warns non-dom lobby group
'The government is listening,' say lobbyists calling for a rethink on the abolition of non-dom status.
HNWIs ‘are deeply concerned’ about this month’s Budget event, warns top estate agency boss
Winkworth's Dominic Agace wants the Chancellor to 'avoid intervening in the UK economy' on 30th October.