Hollande’s victory set to affect the market as French buyers look to move to London

Socialist Francois Hollande’s electoral victory this weekend in France, marks the end of Sarkozy’s reign. The move to the left will bring some big changes for the wealthy French. One of the most notable changes that Hollande intends to introduce is a 75% tax on anyone earning over €1 million. Winkworth agents are predicting that more French people will look to move to the UK where they will be taxed at 50% on their earnings.
Changes to Tenancy Deposit Protection Legislation

As of 6th April 2012, the rules covering registration of tenant’s security deposits to which the Housing Act 2004 applies have been amended.
Agents and Landlords will now have up to 30 days to register the deposit with an authorized scheme and to ensure that the tenant is provided with prescribed information relating to the deposit. The changes reverse the anomalies in the original legislation and now mean that a landlord or the agent may still be subject to penalties even where the tenancy has ended after the 6th April 2012 and they failed to register the deposit within the required 30 days.
Winkworth Barnes supports the BCA Duck Race

Winkworth Barnes Estate Agents are supporting their local community by being the main sponsor for the BCA Duck Race for the second year running.
The Duck Race is run by the Barnes Community Association and all proceeds go to local charities and schools in Barnes. The ducks can be bought from local shops in Barnes and the BCA in Rose House.







