(MENAFN) New taxes on foreign property investors might be imposed due to the increasing house prices in London, The Peninsula reported.
Foreign buyers" demand on London property is causing some concerns of a property bubble, which worries that many Britons are being priced out of the market.
The country"s Deputy Prime Minister said: "We certainly need to make sure that people who invest very large amounts of money into property in central London locations... pay their fair share of tax in those transactions."
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