Month: April 2025

How New UK Tax Rules Are Reshaping Property Ownership

At Aston Chase, we have been curating and representing London’s most prestigious residences since 1985, guiding discerning clients through the intricacies of acquiring and managing property in the capital’s most sought-after postcodes. Today, the regulatory landscape is evolving, and with it, the approach required by non-domiciled individuals investing in Prime Central London property.

With the UK government introducing significant reforms to the taxation of non-domiciled residents (commonly referred to as “non-doms”), international investors must now navigate a more complex framework. Yet, despite these changes, London remains a pre-eminent destination for property ownership — a city of enduring appeal, offering unmatched cultural, educational, and lifestyle benefits.

To support you in this transition, we are pleased to present our comprehensive Guide to Owning Prime London Property as a Non-Domiciled Individual. This expertly compiled resource details the changes ahead and outlines strategic responses for individuals, trusts, and companies with property interests in London.

Key Highlights from the Guide:

1. The End of the Remittance Basis – April 2025
The long-standing benefit allowing non-doms to avoid tax on offshore income is being abolished. A new four-year grace period will apply to recent arrivals, after which global income becomes taxable. This makes long-term tax planning more critical than ever.

2. Capital Gains Tax (CGT) – Universal Liability
Whether property is held directly or via a structure, CGT now applies across the board. Individuals face rates up to 28%, while companies are taxed at 25%. Strategic timing of disposals and leveraging reliefs such as Private Residence Relief can mitigate impact.

3. Stamp Duty Land Tax (SDLT) – High Entry Costs
Foreign and corporate buyers may face SDLT rates as high as 19% on premium property transactions. The right ownership structure can yield considerable efficiencies.

4. Inheritance Tax (IHT) – Limited Shelter
As of 2017, even offshore structures are within the IHT net. From 2025, UK residents of 10+ years will be taxed on worldwide assets, urging proactive estate planning.

5. ATED – Corporate Holding Comes at a Cost
The Annual Tax on Enveloped Dwellings now incurs significant charges on company-held properties over £500,000, with annual levies reaching up to £292,350.

Strategic Guidance for the New Era

Astute property owners are already adapting. Key strategies include:

• De-enveloping properties to avoid ATED and excessive SDLT

• Utilising debt structuring to reduce IHT liabilities

• Employing life insurance solutions for estate liquidity

• Commercial lettings to offset ownership costs

• Multi-generational ownership planning within legal thresholds

Our guide not only unpacks these strategies in detail but also offers expert foresight into potential political changes that could further influence tax treatment for non-doms.

Conclusion

As the era of light-touch taxation for non-domiciled individuals comes to a close, clarity and strategic foresight have never been more essential. At Aston Chase, we stand ready to advise on structuring property ownership in a manner that is compliant, tax-efficient, and aligned with your long-term objectives.

To access our full guide and take the next step in your Prime Central London property journey, download the guide here.

 

Substantial Family Home with Period Charm and Garden Studio in Primrose Hill

Regent’s Park Road, NW1
Guide Price: £7,950,000 | Freehold

Set on one of Primrose Hill’s most desirable addresses, this substantial five-bedroom period home offers an impressive 4,274 sq ft (397 sq m) of beautifully presented accommodation.

Positioned moments from the open green spaces of Primrose Hill and Regent’s Park, the house combines grand proportions, exquisite detailing, and superb family functionality. It also has a southwest-facing rear garden, roof terrace, and self-contained studio.

Elegant Living with Light-Filled Interiors

This freehold home, arranged over multiple floors, features a well-balanced layout with high ceilings, original period features, and generous room sizes.

The ground floor provides excellent entertaining space with a formal drawing room, dining room, and a kitchen/breakfast room that opens onto the landscaped rear garden.

The first floor is devoted to a luxurious principal bedroom suite with two dressing rooms, an en-suite bathroom, and access to a private southwest-facing balcony.

The upper floors provide three further bedrooms, two bathrooms (including one en-suite), a family/playroom and access to a roof terrace.

The garden level includes a well-equipped utility room, two guest cloakrooms, and further informal living spaces.

A Self-Contained Studio with Flexibility

Situated at the end of the garden, the property benefits from a sky-lit studio with a shower room, ideal for use as a fifth bedroom, gym, or guest accommodation.

This versatile space offers privacy while remaining connected to the main house.

Additional Amenities

1. Private Garage
2. Landscaped Front and Rear Gardens
3. Terrace and Balcony
4. Plant Room and Garden Store
5. Self-Contained Studio

Superb Primrose Hill Location

Located in the heart of Primrose Village, Regent’s Park Road is ideally situated to enjoy the charm of independent cafes, boutiques, and restaurants while offering immediate access to Primrose Hill Park and Regent’s Park.

For cultural variety, Camden Town, with its renowned markets and music venues, is a short stroll away.

Transport connections include Camden Town and Chalk Farm Underground Stations (Northern Line) and a network of bus routes serving W1 and beyond.

Regent’s Canal provides a scenic route to King’s Cross, Hoxton, and Little Venice, while the West End is easily reached on foot or by bike.

Accommodation Summary

1. Principal Bedroom Suite with En-Suite Bathroom and Two Dressing Rooms
2. Three Further Bedrooms (One with En-Suite Shower Room)
3. Family Shower Room
4. Drawing Room
5. Dining Room
6. Kitchen/Breakfast Room
7. Family Room
8. Two Guest Cloakrooms
9. Utility Room
10. Self-contained studio (Bedroom 5 / Gym) with Shower Room

For further details or to arrange a viewing, please get in touch with Aston Chase at 67-71 Park Road, Regent’s Park, London, NW1 6XU, call 020 7724 4724, or email enquiries@astonchase.com.

Elegant Grade II* Listed Home with Park Views in Regent’s Park

St Katharine’s Precinct, NW1

Guide Price: £9,850,000 | Leasehold (Expires 2156)

An exceptional opportunity to acquire an elegant Grade II Listed residence* comprising 3,865 sq ft (359.06 sq m), located within the prestigious St Katharine’s Precinct on the Outer Circle of Regent’s Park. This superb five-bedroom home has been meticulously maintained. It is in excellent condition, with the benefits of off-street parking for two cars, partial air conditioning, and direct views across Regent’s Park from all principal rooms.

A Refined Layout Designed for Family Living & Entertaining

Set behind landscaped gardens and accessed via a private gravel driveway, the house provides an impressive array of formal and informal living spaces.

The ground floor features a reception room, TV room, and dining room with bar area, while the kitchen/breakfast room and study offer practicality for daily family life.

The lower ground floor is dedicated to leisure, with a well-appointed cinema room, utility room, and guest cloakroom, ensuring both comfort and convenience.

On the upper floors, the principal bedroom suite includes a large en-suite bathroom and dressing area. It is complemented by four further bedrooms, two with en-suite bathrooms, and a stylish family shower room.

Private Garden & Parkside Setting

The beautifully manicured rear garden provides a tranquil and private setting for outdoor enjoyment. The house further benefits from off-street parking for two vehicles, a highly desirable feature in this exclusive central location.

Prime Regent’s Park Location

St Katharine’s Precinct is discreetly set behind classic box gate piers, ornamental lamp posts, and traditional railings, contributing to its sense of exclusivity and security.

The location provides immediate access to Regent’s Park, with its open green spaces, gardens and recreational amenities, while also being moments from St John’s Wood, Primrose Hill, and Marylebone High Street.

Central London’s West End is easily accessible and offers world-class shopping, dining, and cultural attractions. Nearby Baker Street and Regent’s Park Underground Stations (Bakerloo and Jubilee Lines) ensure excellent transport links across the capital.

Key Accommodation

1. Reception Room
2. TV Room
3. Cinema Room
4. Dining Room with Bar Area
5. Kitchen/Breakfast Room
6. Study
7. Principal Bedroom with En-Suite Dressing Room and Bathroom
8. Four Further Bedrooms (Two En-Suite)
9. Family Shower Room
10. Utility Room
11. Guest Cloakroom

Key Amenities

1. Landscaped Rear Garden
2. Off-Street Parking for Two Cars
3. Views Overlooking Regent’s Park
4. Partial Air Conditioning
5. Grade II* Listed
6. Leasehold (Expires 2156)

This is a rare opportunity to secure a distinguished London residence within one of the capital’s most celebrated locations. It combines heritage, privacy, and proximity to the very best the city has to offer.

For further details or to arrange a viewing, please get in touch with Aston Chase at 67-71 Park Road, Regent’s Park, London, NW1 6XU, call 020 7724 4724, or email enquiries@astonchase.com.

Elegant Edwardian Elegance in Hampstead

Within the leafy confines of Ferncroft Avenue, in the heart of Hampstead’s cherished ‘Croft Roads’, stands this immaculate semi-detached Edwardian residence, now on the market for £6,950,000.

A perfect confluence of classic charm and modern comfort, this six to seven-bedroom home presents a rare buying opportunity in one of London’s most desirable enclaves.

Meticulously Maintained with Luxurious Living Spaces

Upon entering, guests are greeted by a spacious hallway that leads to an elegant 20-foot bay-fronted reception room.

This room is cleverly linked to a similarly sized dining room, featuring pocket doors allowing privacy when required.

The substantial 30-foot kitchen/breakfast room extends a warm invitation with its double-aspect glass walls providing uninterrupted views of the mature, verdant garden.

Accommodation and Amenities

The first floor is devoted to private living spaces, including a luxurious principal suite with a separate dressing room and an en-suite bathroom.

An additional guest bedroom with an en-suite and a potential seventh bedroom or study also reside on this level. The charm extends to the second floor, where four more bedrooms and three shower rooms (one en-suite) accommodate family and guests.

Further enhancing its appeal, the lower ground floor of this home is a haven for relaxation and entertainment, featuring a gym, a media room, a utility room, and a wine cave—all leading out to the beautiful rear garden.

Outdoor Splendor and Prime Location

The property’s exterior is as impressive as its interior, with a beautifully landscaped garden that invites serene contemplation and social gatherings.

Practical amenities include a gated driveway with an electric charging point and parking for two cars.

Connectivity and Local Charms

Located just moments from the sprawling greenery of Hampstead Heath and the bustling Hampstead Village, Ferncroft Avenue offers an idyllic setting near top local schools, quaint shops, and vibrant eateries.

With Hampstead Underground and the wealth of local amenities nearby, this home is ideally situated to enjoy the best of London living.

A Hampstead Gem

This property is more than just a house; it’s a warm and inviting home that has been lovingly maintained and thoughtfully upgraded to meet the demands of modern luxury living.

Whether you are hosting lavish gatherings or seeking tranquillity in the city, this home adapts to all aspects of contemporary lifestyle.

For further details or to arrange a viewing, please get in touch with Aston Chase at 67-71 Park Road, Regent’s Park, London, NW1 6XU, call 020 7724 4724, or email enquiries@astonchase.com.

Elegant Family Residence on Wildwood Rise, Hampstead Garden Suburb

A rare opportunity has emerged to purchase this exceptional six-bedroom, four-bathroom detached home on the prestigious Wildwood Rise for £5,650,000 in one of Hampstead Garden Suburb’s most desirable private roads.

This beautifully presented property, over 3,583 sq ft, seamlessly combines period charm with contemporary living, providing ample space for a discerning family seeking tranquillity and proximity to London’s green spaces.

Property Overview

Nestled on a peaceful 0.225-acre plot, this elegant home enjoys direct access to the natural beauty of Hampstead Heath’s Heath Extension. Lovingly refurbished, the house is set across three floors and offers spacious and thoughtfully arranged accommodation, including multiple entertainment spaces and leisure rooms on the ground floor. A south-east-facing, landscaped rear garden featuring a large terrace and water feature enhances the home’s appeal for family gatherings and peaceful retreats.

Accommodation Highlights

• Bedrooms: Six in total, including a luxurious principal suite on the first floor, complete with a dressing room, en-suite bathroom, and direct access to a spacious terrace. The top floor boasts a unique vaulted studio room, ideal for guests or an additional family suite.
• Reception Areas: The ground floor hosts multiple reception rooms, a formal dining room, and a family room, providing versatile spaces for entertaining and relaxation.
• Kitchen: A fully fitted, eat-in kitchen and breakfast room, perfect for family meals and culinary enthusiasts.
• Additional Spaces: Two studies, a utility room, and a Pilates studio/gym ensure practicality and convenience throughout.

Outdoor Space & Amenities

The beautifully landscaped, southeast-facing garden offers a serene escape with its large terrace and thoughtfully designed water feature. Off-street parking for two cars provides added convenience, while a garden shed and extensive eaves storage cater to practical needs.

Prime Location

Wildwood Rise is highly regarded as one of the area’s premier addresses. Just a short distance from the open spaces of Kenwood and Hampstead Heath, this property also enjoys excellent proximity to Hampstead Village, only 1.5 miles away, and top local schools, including Highgate, Henrietta Barnett School, and University College School.

Summary

This distinguished residence on Wildwood Rise offers a unique combination of space, style, and location, making it an ideal family home in the heart of Hampstead Garden Suburb.

With its meticulously designed interiors, ample living space, and stunning landscaped gardens, this home captures the essence of refined suburban living with easy access to London’s natural and cultural landmarks.

Viewing and Enquiries

For further details or to arrange a viewing, please get in touch with Aston Chase at 67-71 Park Road, Regent’s Park, London, NW1 6XU, call 020 7724 4724, or email enquiries@astonchase.com.