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British Land provides boost for banks

Published Date: 18 May 2010 BRITISH Land has recorded the first full-year increase in its portfolio value since the UK property bubble burst three years ago, providing a boost for banks that are still troubled by faltering mortgage assets. The developer of some of the UK’s biggest malls and offices, such as Sheffield’s Meadowhall and…

Investment

Fears mount over fire sale of rental properties

News Category: Industry News Published: 17-May-2010 Concern is mounting over the Government’s plans to hike Capital Gains Tax to the same levels as income tax – effectively, a 22% rise for many. There are fears that there could be a fire sale among buy-to-let landlords rushing to dispose of properties before the new rate kicks…

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Capital Gains Tax rise: should you act now?

By Lorna Bourke | 11:31:44 | 12 May 2010 Use Twitter? Follow the Citywire team at www.twitter.com/fullyinvested Capital Gains Tax is definitely going to rise under the new coalition, possibly to come into line with income tax rates of up to 50%. So investors must start thinking about realising assets to take advantage of the…