Local Authority

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...