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London Property - Home of Super Prime
The company provides informative and educational content from industry leaders through podcasts and videos, with new content released weekly.
The platform covers various aspects of the real estate experience, including buying and selling, finance, law, tax, construction, design, and more.
The goal is to provide users with the resources and connections they need to make informed decisions and avoid expensive mistakes. Helps you navigate the super-prime property market, with a focus on personal recommendations.
Stay ahead with weekly news bulletins on what is shaping the property market.
London Property - Home of Super Prime
Navigating the Shifting Landscape of the UK Property Market
The UK property market is undergoing significant changes, driven by factors such as misconceptions about non-domiciled residents (non-doms), foreign investment complexities, and new regulatory requirements. Here's a quick overview:
Myth of Britain’s Fleeing Non-Doms: Contrary to popular belief, the number of non-doms in the UK rose by 6% in 2023, challenging the narrative of a mass exodus due to tax changes. However, the potential loss of entrepreneurs remains a concern.
Russian-Backed Firm Enters UK Market: North Wind Capital, supported by Russian financier Boris Mints, is making waves in the UK property scene with complex, bond-backed deals involving elite properties. While operating within legal boundaries, the firm's opaque strategies raise transparency and sanction circumvention concerns.
EPC Targets for Landlords: New Energy Performance Certificate (EPC) standards, requiring rental properties to achieve a C rating by 2030, could cost landlords up to £24 billion. Collaboration between the government, landlords, and financial institutions is essential to make these upgrades feasible and avoid a potential rental property sell-off.
Labour’s Impact on Rentals: Labour’s policy proposals, including stricter regulations and rent controls, could significantly alter the rental market, increasing costs for landlords and possibly reducing rental property availability.
Selective Licensing Schemes: The rise of selective licensing by local councils, particularly in London, adds regulatory and financial burdens on landlords. While aimed at improving housing standards, these schemes might deter investment and reduce rental property availability, worsening the housing crisis.
These developments highlight the evolving challenges in the UK property market, emphasizing the need for collaboration between stakeholders to ensure a sustainable and equitable future for all involved.
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