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  • London Property Market

    Why I still believe in BTL in London

    You make a dam good point and when you think about this if you were to sell with that gain you would pay CGT and possibly a 28% tax bill will hammer the nett profit and that would make it a loss

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    Learn Change and Adapt ?????

    All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.


    Central London is though just 20% of the 600 sq miles of Greater London

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    Interesting to see that people are still considering BTL in London, especially as so many say it is too hard to get onto the London property market.

    I would have to agree that in London it is a lot more about micro-markets inside of the city, as a lot of areas which may be a few streets away from each other can be vastly different in terms of affordability, good returns and availability.

    When investing in London it is definitely better to have a specific area in mind that you feel is right to invest in, otherwise you could end up not getting good yields or ROI.

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    London raked £1.8bn in tech funding last year, almost double its next closest rival

    Tech firms in the capital raised £1.8bn in venture funding and public listings in 2018, raking in 72 per cent of the UK’s £2.5bn total and more initial public offerings (IPOs) than anywhere else in Europe. High-profile exits included London-based e-commerce firm Farfetch and peer-to-peer lender Funding Circle, according to data released today by Pitchbook and London & Partners.

    Berlin secured second place on the list with £936.5m in funding last year, while Paris came in third at £797m.

    Fintech remained London’s most attractive sector of the tech industry, scoring more than £1bn in funding and playing host to over 90 per cent of the UK’s financial startups that raised throughout the year.

    Full/source article

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