The implications of the new CGT on property investors

Many within the property industry have been predicting a mass sell off of investment and second homes should Capital Gains Tax increase from 18% to 40%. 

This is disputed by Knight Frank.  Whilst some may look to dispose of assets most investers are in the market for the longer term and with interest rates so low rental yields have become a more significant driver of demand.

Read more:

http://www.knightfrank.co.uk/news/What-does-the-new-Government-mean-for-the-housing-market-0202.aspx