Property Industry Reactions: King’s Speech confirms leasehold reform agenda
King Charles confirms a Leasehold & Freehold Bill will go before Parliament, with a view to banning leaseholds for new houses, and increases the standard lease extension period from 90 to 990 years.
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China launches retroactive tax crackdown on wealthy citizens’ offshore assets
Beijing is said to be pursuing HNWIs for unpaid tax on overseas assets going back decades.
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Hamptons & John D Wood owner cites ‘very challenging’ market as H1 profits tumble 92%
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