The worst London boroughs to sell a second home as investors face £16k capital gains tax bill
NegativeFinancial Markets

Selling a second home in London is becoming increasingly challenging for property investors, as they face hefty capital gains tax bills averaging £16,000. While a decade of rising house prices has benefited many sellers, the tax implications are casting a shadow over potential profits. This situation is significant as it highlights the financial pressures on investors in the property market, potentially leading to a slowdown in sales and affecting the overall housing market dynamics.
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