Lenders growing concerned about funding luxury developments in London

[totallyproperty]

In a sign of the times, a number of lenders have stepped forward to express their concern about funding luxury developments in London. There is a growing consensus that there are too many luxury developments in the pipeline at a time when the market is in the eyes of many "overextended".

 

[Wesley Lorn]

London is facing a new tax bombshell with average house prices in more than half of its boroughs now above the threshold for death duties.

 

[totallyproperty]

Wesley

You make a great point there and one which not many people would ever consider.

Maybe there is a case for new tax planning strategies here?

Regards,

Mark