Pray for common sense in the Budget

Hugh Wade-Jones, director of Enness Private Clients, wants George Osborne to see sense with his Budget

Bricks and mortar have long been seen as a relatively safe haven for investors and some recent comments from the Savills chief executive, Jeremy Helsby, really struck a chord with me. Apportioning his firm’s £40 million full-year profits to the prime property boom that London has enjoyed over the past decade, he said the capital’s residential market had become “very much an asset class”” in its own right and compared it to gold as investors from overseas flock to snap up top-end property.