Rents of £25,000 per week: The emergence of the ‘Uber Tenant’

The only real benefit of the foolhardy Non Dom tax changes, instituted in the Autumn Statement of 2014 and exacerbated by the Referendum/Brexit result, is the emergence of the ‘uber tenant’.

These are international, high net worth individuals, who would have ordinarily bought substantial mansions of £20-50million each, but instead have chosen to rent these properties at eye-wateringly high levels which, in some cases, have exceeded a staggering £25,000 per week.

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