Zeta Homes ARLAThe Property OmbudsmanTrading Standards Institute

Mansion Tax And How Not To Add Value To Your Home

Date Added 01/10/2014

Given the publicity Labour is generating after announcing its Mansion Tax plans for properties over £2m, it is not surprising to hear of a number of owners of properties worth around £1.6m wondering whether to go ahead with their renovation plans.

After all, there is little point in doing up a modest three-bedroom terrace in Chiswick if you simply boost its value by around £400,000 and give yourself an annual tax bill of about £11,000.

So we were very amused to see a tweet from Noel Flint, head of London residential at Knight Frank, that hit the nail on the head.

`Expect we will now have to prepare list of top 10 improvements that WON`T add value to your home,` he wrote.

Source: Propertyindustryeye
Zeta Homes

Legal & Privacy | Sitemap | Links | Web Design and Software by Acquaint CRM
© 2015 Zeta Homes - Property for Sale & Rent in Manor Park, London