► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
George Osborne, UK chancellor, said on Thursday that from April 2015 homeowners who are non-resident in the UK for tax purposes would become liable for capital gains tax. Lex's Oliver Ralph and Joseph Cotterill discuss what this means for builders.
For more video content from the Financial Times, visit http://www.FT.com/video
Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes