Prime London Property News: Overseas Owners Step Back
New HMRC disposal data shows overseas owners stepping back from top-end UK residential property — and tax, not sentiment, is driving the retreat. This week’s prime London property news also covers IHT refunds on falling values, the Renters’ Rights Act slowing the student lettings market, planning permissions at a twenty-year low, tighter rules on pub-to-residential conversions, and air conditioning quietly becoming a standard buyer expectation in prime London. Six developments. One independent read on what they mean for owners, investors, and advisers.
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