The Swiss National Bank has announced that it will discontinue its exchange rate floor for the Swiss Franc against the Euro. It has been suggested by some that this may lead to renewed interest in the UK property market and, in particular, residential property in London itself.
If it does, you may be pleased to know that Rooks Rider Solicitors LLP has a team experienced in dealing with the trust and corporate structures, wealth planning, tax and real estate issues for such acquisitions. We are also familiar with the techniques needed to mitigate inheritance tax (death duties) that would otherwise arise if a property were acquired personally.
If you would like to discuss these matters, then please do not hesitate to contact a member of our Wealth Planning or Real Estate teams. Alternatively, please contact James John, Partner – Head of Real Estate.
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