Put your money into coun­try life

Yorkshire Post - Property - - PROPERTY -

COUN­TRY es­tate own­er­ship proved to be one of the best in­vest­ments last year in terms of as­set per­for­mance. While fine wine and gold con­tinue to lead the pack in the chase to be­come “best in class”, tax ad­van­tages to es­tate-own­er­ship give it a lead­ing edge over these tro­phy as­sets, ac­cord­ing to the lat­est re­search by prop­erty con­sul­tancy Carter Jonas.

Tom Fawcett of Carter Jonas, Har­ro­gate, says: “The cap­i­tal growth of fine wine, gold and even clas­sic cars is of in­ter­est but it should be re­mem­bered that they do not of­fer a rev­enue re­turn and can in­cur sig­nif­i­cant ex­pense as an as­set. We be­lieve that in the frame­work of the UK tax regime that es­tate own­er­ship holds its own in terms of pres­tige and pure per­for­mance.”

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