The real property market election edition 2024
Description
#Podcast Description
In this episode, we delve into the shifting landscape of the UK real estate market, focusing on necessity purchases, decreasing transaction activity, and the exodus of landlords due to tax changes. Our speakers discuss the concerns surrounding Labour's potential policies, the impact of inheritance tax changes on non-domiciles, and the necessity of attracting investment by revising tax rules. We examine the delicate balance between fostering investment and maintaining market stability, and the predicted slow market movement amidst election uncertainty.
#Key Topics
- Market trends: necessity purchases and cash buyers
- Landlords exiting due to tax changes
- Potential tax policies under Labour
- Impact of inheritance tax on non-domiciles
- Strategies for attracting investment
- Predictions for market dynamics and rental prices
#Action Items
- Be proactive in showcasing listings to buyers
- Consider short-term renting to gauge policy impacts
- Gradually phase in capital gains tax increases to boost sales
Join us for an insightful discussion on how these factors are shaping the UK property market and what the future may hold.
#Listen Now
[Podcast Transcript](https://otter.ai/u/daGrZ6bs4UxhBNH9RKq7Yz7yuyE?view=transcript)
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