Founder & Family Episode 1: Will UK's mansion tax and landlord tax hike drive wealth to Dubai again?

Bhaven Ondhia (Managing Director) and Yash Tosar (Founder) of 1st Financial Foundations sit down with Raj Kotecha, a UK - UAE based founder, to unpack what is really happening to UK wealth right now. From the mansion tax and a new 2% landlord tax, first impressions on Andy Burnham and the upcoming budget and the ongoing pull of Dubai on UK investors, this episode covers the tax changes, property strategy and cross-border planning decisions UK wealth holders are weighing up heading into 2027. Here are the highlights 0:00 Welcome to Founder & Family, meet guest Raj Kotecha 0:38 What to expect from Andy Burnham's first budget 2:19 Would you sell a £2m+ property before mansion tax lands? 5:21 History repeating, window tax, stamp duty, and new tax shocks 12:17 Andy Burnham's first months in office. Is he too focused on domestic issues? 18:10 Labour is going after property owners to boost UK revenue 22.23 Is building a property portfolio up north on £100k to £150k still a good play? 28:46 Dubai property is back at 2022 pricing. Why is that important to UK investors? 37:34 Is the UK trying to have better processing systems similar to Dubai? 41:35 Is there a midlife financial crisis going on in the UK among people in their 40s or older? 50:32 Could the Bank of England base rate go up before the end of 2026? At 1st Financial Foundations, we don't believe in cookie-cutter advice. Every conversation starts with you, your goals, your circumstances, and what good looks like for your future. This video is for educational purposes only and does not constitute financial advice. Please speak with a qualified financial adviser before making any investment decisions. 📩 If you're ready to build a plan around the money you have, get in touch today. 📞 01908 523420 ✉️ yash@1stff.co.uk | bhaven@1stff.co.uk ABOUT 1ST FINANCIAL FOUNDATIONS We are a close-knit team of independent financial advisers, with a shared goal of helping our clients achieve financial confidence and freedom. Our history is rooted in the entrepreneurial beginnings of our founder, Yash. Thirty years ago, he started the business to provide advice, education, and support to help people make sound financial decisions for improving their lives. This philosophy continues to guide our work today. We simplify financial planning and wealth management, ensuring our clients feel confident and comfortable in every decision they make. We offer a comprehensive range of services to support our clients through different life stages and various needs. OUR SKILLS Wealth planning Retirement and Pension planning SIPPS & SASS Mortgages and Protection Savings and Investments Wills, Trusts & Inheritance Tax Planning Cashflow planning Follow us on:   / 1stff     / 1stfinancialfoundations     / 1st-financial-foundations     / 1stfinancialfoundations   1st Financial Foundations 11 Furzton Lake Milton Keynes MK4 1GA Milton Keynes: 01908 523 420 London: 020 3897 8100 info@1stff.co.uk