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The Election - What this means for the London property market...

Election Blog_MarshAndParsons_225x156_18.05.2015Now that the dust has settled on the outcome of the General Election, we believe home-owners in London have heaved a sigh of relief, confident in the knowledge that the onerous policies of mansion tax and rent controls are off the agenda.

The unexpected Conservative majority does not mean it will be a universally smooth ride for the market. I fully expect the new Government to raise new taxes on expensive property, probably via increased council tax bands however, in reality, this may be difficult to implement so it will be interesting to see how this is proposed. Either way, my view is that property taxes will increase in the coming years...

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Comment on HMRC Property Transactions for June 2015

Tuesday, 21 July 2015

Peter Rollings, CEO of Marsh & Parsons, comments: "Property sales jumped to it in June, as the UK housing market gets back into the swing… More »

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