Kensington and Chelsea this month added a 50 per cent premium to annual council tax fees for properties that have been left unfurnished and occupied for more than two years. Photo: Bloomberg

Empty London luxury flats draw election penalty vow

Wealthy foreign investors with buy-to-leave investments are being targeted by British politicians in run-up to next month's general election

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Kensington and Chelsea this month added a 50 per cent premium to annual council tax fees for properties that have been left unfurnished and occupied for more than two years. Photo: Bloomberg
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