Mansion Tax

London Mansion Tax

Prime London Sees Post-Budget Surge in £2m+ Listings, as Usual Festive Market Lull Looks Unlikely

The latest research from prime London property experts, Jefferies London, reveals that, just two weeks on from the Autumn Budget and its newly announced prime property surcharges, an estimated 444 homes priced at £2m or more have been listed for sale across the capital. These new listings account for around one in 10 (9%) of all £2m-plus homes currently on the market, signalling a clear post-...

London Mansions

London's prime homeowners would need to shrink their mansions by almost half to escape new £2 million mansion tax, says Enness Global

The latest research from Enness Global has revealed that high end homeowners across prime central London would need to significantly reduce the size of their properties in order to avoid the newly introduced annual mansion tax on homes valued at £2 million or more, with some requiring their home to be almost halved in size

Following the Chancellor's announcement, the new measure will...