Tuesday 11 December 2012

London’s luxury home market tumbles as tax rules tightened

London Loves Business: London’s £2m-plus property market has been hit hard by tax changes announced earlier this year. According to an industry survey, compiled by the Financial Times, the number of homes purchased by offshore companies has been all but “wiped out” since the March budget.

Full story: http://www.londonlovesbusiness.com/property/london-property-prices/4183.article?