Stamp duty cut fuels surge of interest in London commuter belt

Rightmove says interest doubled for homes between £400,000 and £500,000 in Harrow, Milton Keynes and Watford

The £3.8bn stamp duty giveaway unveiled by chancellor Rishi Sunak last week has already sparked a mini property boom in the southern England commuter belt, according to the UK’s biggest property website, Rightmove.

The data indicates that most of the benefit of the £3.8bn giveaway will flow to Conservative-voting areas in the outer orbit of London.

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Rishi Sunak's capital gains tax review may usher in higher taxes on wealthy

Chancellor’s directive to focus on how people escape CGT ‘feels like starting pistol for a tax grab’, says analyst

A review of capital gains tax ordered by the chancellor could open the door to higher taxes for the wealthy, analysts have said.

Rishi Sunak said on Tuesday that he wanted the Office for Tax Simplification (OTS) to examine the way people who sell second homes, works of art and stocks and shares can escape paying tax on their gains.

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Private island off Ireland's south coast sold for €5.5m via video

Horse Island, a 157-acre retreat in Roaringwater Bay, is part of a bucolic Atlantic region

It is a bold example of online shopping during lockdown: buy a private island off the coast of Ireland for €5.5m (£4.9m) without setting foot on it.

The wealthy, unnamed European who made such a purchase relied on video to view Horse Island, a 157-acre retreat in Roaringwater Bay, part of a bucolic Atlantic region in west Cork.

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Rental evictions can restart in August

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Where should renters escape to the country?

Take a look.

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Five dream homes for under £500,000

They're stamp duty-free >

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What is the fastest moving market in England?

Get the lowdown.

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