Posts Tagged 'Mansion Tax'

Will the dreaded Mansion Tax affect London house prices?

Will the dreaded Mansion Tax affect London house prices?

It’s enough to spark fear into the hearts of asset-rich cash-poor middle class Londoners. Yes, it’s the Mansion Tax – the ultimate penalty for those who’ve benefited from soaring London property prices and whose houses (or flats) have been pushed up into the millions. Plans have been floated by the Labour Chancellor Ed Balls – and they’ve been backed by Liberal Democrat leader Nick Clegg. The idea is that properties worth more than £2 million will be subject to the ...

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