'Another missed opportunity': Prime property industry reactions to the Spring Budget 2024
Featuring insights from: Black Brick, Chestertons, Fine & Country, Harrods Estates, Heaton & Partners, Jackson-Stops, Janine Stone, Knight Frank, Lomond, London Central Portfolio, Prime Purchase, Propertymark, Robert Irving Burns, Savills, SPF Private Clients, Winkworth, Zoopla and more
Budget 2024: The prime property sector’s hopes & expectations
'All we hope for is a reduction in SDLT,' says one London estate agency chief - 'however in reality I suspect there is more chance of stumbling across a unicorn in Regent’s Park!'
By PrimeResi
‘It could’ve been worse’: Property industry reactions to the Autumn Statement 2022
Chancellor Hunt has slashed CGT allowances, time-limited Kwarsi Kwarteng's Stamp Duty cuts, and subjected many more people to the top rate of Income Tax - but the run of tax increases come will come into…
Property industry reactions: Bank of England hikes base rate again, to 5.25%
Featuring analysis from Chestertons, JLL, Knight Frank, Rightmove, Savills, Zoopla and more.
By PrimeResi
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Talking Heads: Prime property industry reactions to the Budget 2025
A Council Tax surcharge for high-value homes is 'probably the least worst outcome for owners of prime property', comments Savills, but our pundits are less sanguine about changes to landlords' income…
By PrimeResi
Social Circuit: John Caudwell’s festive drinks reception at Mayfair House
Billionaire entrepreneur, developer & philanthropist hosts a seasonal gathering of political, charity & media figures at his Grade II listed private palace.
International buyer lands £25mn Knightsbridge Gate penthouse
Marquee 6,214 sq ft residence drew multiple offers despite wider market caution.
Budget 2025: OBR leak confirms ‘mansion tax’ on £2mn+ homes from April 2028
Office for Budget Responsibility report published early 'in error' - including details of a new Council Tax surcharge on high-value homes.
By PrimeResi
Budget 2025: Chancellor confirms a ‘mansion tax’ & higher rates on property income
High-value homes will face significantly higher Council Tax bills, while landlords will pay a larger share of their property income to HMRC.
By PrimeResi
Mansion tax modelling flags £13,700 bills for second homes
Hamptons analysis finds over 3,300 £2mn+ second homes exposed to dual surcharges as revaluation looms.
Specialist country house agency hits £500mn sales milestone
Strutt & Parker alumni Andrew Russell & Ben Bentley’s boutique firm unveils debut TV campaign as it toasts 'remarkable chapter'.
£10bn Earls Court scheme gets green light from H&F
Borough's unanimous approval marks 'major milestone' for central London's biggest cleared development site.
Super-prime developer Binghatti appoints London sales lead
Dean Elgafar previously worked at Wetherell, Chestertons & UK Sotheby's International Realty.
By PrimeResi
Global design studio Blink lands in London
Clint Nagata's luxury-focused firm expands with new UK base, helmed by some well-known industry figures.
LATEST ARTICLES
£10.95mn Regent’s Park mansion sold ‘within minutes’ of Budget speech
UK buyer accelerated exchange on Grade I listed residence after Chancellor delivered a softer-than-expected property tax package.
Top buying agent launches independent firm
Lucie Hirst's new operation will specialise in high-end acquisitions across PCL & the Cotswolds.
Hoffen West acquires well-known PCL agency’s lettings & management book
26-year-old Belgravia specialist's portfolio will be integrated into Rupert Hoffen & Neil West's operation.
By PrimeResi
Swiss voters reject significant super-rich inheritance tax proposal
Decisive result in Switzerland's divisive wealth tax referendum.
By PrimeResi
Deferred mansion tax bills ‘could face 8% interest’
Reports highlight the potential high cost of deferring a tax bill.
By PrimeResi