A one-off wealth tax on £1m+ households is the best way to pay for Covid-19, says think tank
"A one-off wealth tax would work, raise significant revenue, and be fairer and more efficient than the alternatives," suggests an in-depth report from The Wealth Commission.
Bloomberg: Swiss Wealth Tax rakes in cash as Covid stokes global debate
"Switzerland’s wealth tax offers a rare real-world example of how a levy on assets can work, just as such ideas gain traction elsewhere in the wake of the coronavirus crisis," writes Bloomberg journalist…
Think tank calls for a Property Capital Gains Tax to ‘pay for the coronavirus’
Michael Johnson and the Social Market Foundation are calling for "tens of billions of pounds of new taxes to be levied on increases in the value of homes", with a new Property Capital Gains Tax replacing…
Labour pitches a new national property tax & ‘jury service’ for planning decisions
George Monbiot-authored report sets out some dramatic policy ideas as the Labour Party develops 'an explicit goal of stabilising land and house prices'
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Reality bites in Prime Central London as buyers step back & sellers cut prices
Recent tax changes have led to falling sales and downward price pressure across the capital's top postcodes, reports Knight Frank.
Super-prime brokerage to rev up PCL expansion with trophy Knightsbridge base
UK Sotheby's International Realty is taking over a former McLaren showroom at One Hyde Park, hot on the heels of another marquee branch opening in Kensington.
In Pictures: Inside an £18.5mn duplex at 60 Curzon, designed by De Rosee Sa
London & Lisbon-based studio delivers a mid-century-inspired, art-filled showstopper, as super-prime Mayfair scheme nears sellout.
Winkworth’s Knightsbridge office adds Mayfair specialist
George Simpson has spent the last decade working for Knight Frank.
Barclays Private Bank: ‘Five signs the tide may be turning for London’s prime property market’
'The outlook remains varied,' bank tells HNW clients, but 'there are clear signs that interest is picking up at the top end of the London property market.'
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
In Pictures: Rare beachfront mansion in Beaulieu seeks £12.5mn
1914 Arts and Crafts-style pile in 20 acres brought to market after 70 years in the same family.
Cadogan portfolio value hits £5.7bn as Chelsea blooms
Great Estate reports 16.6% boost in operating profit and 11.8% jump in total income as investments & placemaking initiatives pay off.
Super-prime property firm expands with new lettings division
New offering from The Private Office: Real Estate will be targeting the top-end of the rental market in Surrey and the South East.
Blockbuster debut for Native Land’s Opus as sales top £100mn
Developer reports strong early take-up at luxury South Bank tower, as five-star lifestyle offering hits the right note with wealthy buyers.
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Boutique agency founder moves to top-end brokerage
Moveli signs up another well-known PCL operator as platform expands its coverage across the UK.
Veteran agency boss shares 11-step formula for closing a mega-deal
Glentree's Trevor Abrahmsohn says his 'tried & tested' technique has helped bring home multiple transactions ranging up to £100mn.
400 agents join new members-only prime property network
Former Black Brick partner's venture has attracted key London players since launching last year.
Real estate branding agency expands in the US & Middle East
Noë & Associates has brought in big-hitters Christina Falzano & Sailesh Jani to drive its international growth plans.
In Pictures: Turnkey Nash townhouse in Regent’s Park pitched at £9.95mn
Grade I listed residence on Chester Terrace comes with a private cinema & roof garden.