Billionaire to List £250m Chelsea Manor as ‘UK’s Gone to Hell’
20th July 2025
John Waters, a director of the independent buying agency Robert Bailey Property, said: “Many of the wealthy owners we have seen leave the UK recently have not in fact chosen to sell their London homes — instead deciding to rent overseas in the hope that the UK tax system will in the future become less unfavourable.
“Often they are very sad to be leaving, but they feel they have little choice due to the end of non-dom status and the prospect of all their global assets being subject to UK inheritance tax.”