Niall Fleming & Tom Sheehy of Cape Verde Development are currently embroiled in a UK Court Action. Channel Islands based investment company, Stirling Mortimer, is seeking damages to the tune of almost €50m.
The French government announced tax hikes on Foreign Property Owners. Tax on rental income could rise from 20% to 35.5%, applied retrospectively from January 1, 2012 and CGT on sales would rise from 19% to 34.5% from the end of July.
The Listed Property Show runs in London’s Olympia on Saturday and Sunday February 18th and 19th 2012. A must for all current and prospective UK Listed Building owners.
The UK Land Registry has confirmed that it has outlayed £26m in compensation since 2006 to property owners who have fallen foul of property title fraud.
