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by Simon Barnes

Evening Standard: London’s most expensive property

The owner of the most expensive property on the open market in London has offered to pay almost £9 million in stamp duty to help sell it.

The drastic move follows Chancellor George Osborne’s overhaul of stamp duty in last December’s Autumn Statement, which increased the level of property tax on homes sold for more than £937,000…

..Simon Barnes said: “Most willing sellers and buyers will find a compromise — it is all part of negotiations and this is being used as an incentive. I think it is a sweetener on this home and not a sign of things to come.”

CLICK TO READ READ FULL ARTICLE on Evening Standard website

 

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Filed Under: Press Tagged With: Evening Standard, expensive property

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