UK House Prices
The Property Investor Show, The UK’s largest dedicated property investment exhibition – will make its Birmingham debut at the NEC from 23rd to 25th March 2007, following 5 years of consecutive growth at ExCeL London.
The show is co-locating at the NEC at the same time as the comprehensive Homebuilding & Renovation show, making this a most important weekend for Midlands-based property investors during 2007.
The show brings together the very best in the property investment world, as the 100 plus exhibitors attending, will cover every aspect of making money from property and offer expertise from the UK and overseas, for both residential and commercial investments.
Research by IFA Promotion, the organisation promoting the benefits of independent financial advice, shows that UK adults may have wasted a massive £1.6 billion through poor inheritance tax planning last year.
David Elms, Chief Executive of IFA Promotion, commented, “People need to be aware that the IHT threshold has failed to rise in line with soaring property prices over the last few years and that you don’t have to be rich to be subject to inheritance tax. It’s vital that people seek out advice from an independent financial adviser, so they can make informed decisions when it comes to IHT planning and avoid wasting their precious inheritance unnecessarily.”
Inheritance tax was once only a concern for the wealthy – but now many homeowners are having to plan for Inheritance Tax for the first time.
According to new research from the Halifax, rising house prices mean 31% of detached property sales in the UK are now above the Inheritance Tax threshold of £275,000.