It goes without saying that there are no easy solutions to the UK's housing problems. With a growing population and increasing attractions for people to come to London, both from within the UK and around the world, London has exceptional pressures. We need to build more homes of all tenures in the capital to keep up with demand.
From April 2014, many landlords are set to face hefty tax bills following George Osborne's Autumn Statement announcing a rise in capital gains tax (CGT). At present, the last three years of a rented property's capital growth is exempt from tax once sold, if the landlord once lived in it. After April this will be halved to just 18 months.