SMITH & Williamson has launched a £10m UK residential property development opportunity, Leighton & Henley plc (L&H).
The offering, which qualifies for business property and business taper tax relief, is targeting a 400pc return over its six-year life span. L&H was formed in 2005 to take advantage of modest-sized residential developments in London considered too small for national house builders and too large for smaller businesses. Martin Sherwood, head of Smith & Williamson Tax Efficient Solutions, said: “Published research shows that stocks of new built or refurbished property in the northern Home Counties are low whilst demand continues to rise. “Providing that this market remains robust, a ta...
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