Charles Curran on the unintended consequences of a proportional property tax
The Maskells boss explores some significant potential ramifications of proposed reforms backed by PM-apparent Andy Burnham.
Prior to setting up Conster Capital Ventures, the parent company of Maskells Estate Agents, Charles held senior positions at Bear Stearns, Bank of Scotland and Societe Generale where he specialized in Mortgage Backed Securities (Residential and Commercial), Asset Backed Securities and Structured Credit. Charles assists the teams with market data analysis, asset valuations and deals with the company’s financial institution clients. Charles also looks after White Circle Collection (www.whitecirclecollection.com), the multi-family office sister company to Maskells. Charles is bilingual French.
What to read next
Charles Curran on the Mansion Tax: Litigation, valuations & unintended consequences
Former financier-turned-agency boss explains how ONS model-based valuations for £2mn-plus homes could spark legal challenges, affect mortgages, and ripple across the property market.
‘Change’: Charles Curran on what a Burnham premiership could mean for London’s prime property market
'We see Mr Burnham as a negative for the Prime Central London property market for second home owners, foreign owners and landlords,' writes estate agency boss.
Property & Pre-Budget Propaganda: Charles Curran on the real effects of policy leaks & speculation
Maskells' MD reflects on how the recent raft of terrifying predictions are impacting on activity in the prime market - and why opportunistic buyers are still pressing ahead.
Companies in this article
MaskellsMost read
Knight Frank puts heavyweight duo at helm of London Private Office
Specialist division brings together the firm's 'most accomplished advisers' for UHNWIs.
Boutique London agency snaps up another lettings portfolio
Around 50 managed properties join the firm’s books as it continues its expansion across PCL & SW London.
Italy’s exit tax plan raises eyebrows in Britain
'Perhaps we don’t look so bad after all?' quips top London buying agent as Rome pitches a departure charge for wealthy residents.
Top-end Kensington scheme racks up over £70mn in sales
Developer unveils resident amenities and reports latest sales progress at Squire & Partners-designed project.
PCL agency bolsters team after high-end deal run
Former Aston Chase ops manager joins alongside two agents as the Mayfair-based firm sets its sights on further expansion.
Buyer swoops on ‘one of London’s most celebrated historic houses’
Architecture wins out over postcode as purchaser searching in Westminster exchanges on landmark mansion south of the river.
£48mn price tag for Bryan O’Sullivan-designed penthouse at Chelsea Barracks
First Look: Inside one of the year’s biggest new-build launches.
Native Land teams up with Singaporean investor for PCL acquisition drive
Kensington block changes hands as new venture targets the capital’s prime rental market.
Elicyon names new Creative Director
Rebecca Larn steps up at Charu Gandhi's London-based luxury design firm.
Guy Meacock: ‘These are the best conditions I have ever seen, from my side of the negotiating fence’
Seasoned agency boss on what's next for buyers in Prime Central London.
By Guy Meacock
LATEST ARTICLES
Prime Property Industry Reactions: BoE confirms first interest rate hike in three years
It's 'a blow to the entire property market,' comments one leading estate agency chief, but others 'don’t expect to see much reaction' in mortgage pricing.
By PrimeResi
Foxtons reports revenue drop across sales & lettings
Plc reports 6% decline in total revenue thanks to lower sales fees and 'initial disruption' following implementation of the Renters' Rights Act.
By PrimeResi
UK Sotheby’s signs Surrey specialist from Savills
Experienced agent joins as firm gears up for ‘important next step’ in the county.
Down-valuations at the top end: What agents can do before & after the surveyor’s number
Islay Robinson on why valuations come in short on prime property, how agents can head them off, and what to do when the figure still falls below the agreed price.
Watch: Becky Fatemi & Priya Rawal on where global wealth is moving
Priya Rawal's Luxury Property Forum has launched a podcast series, featuring conversations with super-prime insiders.
By PrimeResi