Labour’s plans to introduce a Mansion Tax have sparked strong opinions in the bridging market on which party should lead the country.
Yesterday at the 2015 AOBP Forum, Mike Strange of Funding 365 publicly backed the Torys, and Masthaven's Managing Director Andrew Bloom also stated the positives of voting blue.
Mike said: “A Labour government putting a mansion tax on is total nonsense and with the non-dom issue aside, London will collapse.
“There is already a collapse at the top end of the market.
“Labour, with two changes-non-doms and mansion tax is going to crush the market. That’s my opinion.”
Andrew added: “If you are in the ultra high end of the market-that’s £2million properties- then you really don’t want Labour to win.
“If you look at the combined effect of Mansion Tax and the rise in non-dom charges then that makes it far less attractive to be a non-dom and have money in the UK.
“I strongly suggest that you should vote Tory if you own high end property.”
Leave a comment