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: BloombergKensington 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
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
Property /  International

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

Bloomberg
Bloomberg

Updated: 6:00am, 15 Apr, 2015

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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: BloombergKensington 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
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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