Autumn Budget cancelled
"Now is not the right time to outline long-term plans - people want to see us focused on the here and now," says HM Treasury. "So we are confirming today that there will be no Budget this autumn."
What to read next
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Budget 2020: Non-UK residents to face 2% SDLT surcharge from April 2021
Chancellor Rishi Sunak has confirmed a new property levy for foreign buyers, alongside a huge infrastructure spending plan and a suite of measures to ease the impact of the Coronavirus epidemic.
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Budget 2020: The need-to-know for HNWIs & business owners
The Mishcon de Reya team has penned a handy summary of key policies and changes announced by Chancellor Rishi Sunak in the Budget 2020.
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Super-prime construction firm builds leadership team
Knowles makes trio of senior appointments amid ‘increasing demand’ for top-end services in London and further afield.
Rare receivership sale completed on Eaton Square
Lateral Belgravia penthouse sells above guide after drawing ‘very high’ viewing numbers.
‘A once-in-a-lifetime opportunity’: Historic Cotswolds estate hits the open market
Grade II* mansion in 230 acres, used as a school for more than a century, has the potential to be reborn as a spectacular private residence.
Former CBRE director launches independent advisory
Rian Strauss says international clients often have plenty of advisers, but still lack someone 'who can look across the whole situation'.
‘2026 likely to prove one of the lowest years for London transaction volumes on record,’ warns Foxtons boss
Major estate agency's profits hit hard by 'materially lower' sales volumes and 'short-term volatility' in the lettings market.
By PrimeResi
Savills completes $1.1bn real estate investment bank acquisition
The big deal 'accelerates Savills strategy to scale in North America while strengthening its leadership position in both EMEA and Asia Pacific.'
By PrimeResi
Knightsbridge Gate nears sell-out after £30mn double deal
Middle Eastern buyer picks up two neighbouring apartments at the luxury PCL scheme, leaving just one residence available.
Hamptons & John D Wood owner cites ‘very challenging’ market as H1 profits tumble 92%
The UK's biggest estate agency group said lettings and surveying again helped offset the slowdown in sales activity.
King’s bank flags ‘materially improved’ PCL property market as prices, activity & confidence rise
Deal volumes jumped 48% from Q1 to Q2, as Coutts points to 'some of the most attractive opportunities seen in the Prime London market for more than a decade.'
By PrimeResi
Residence One tops out 29-home St John’s Wood scheme
Luxury apartment project reaches full height as developer targets May 2027 completion.
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Beijing is said to be pursuing HNWIs for unpaid tax on overseas assets going back decades.
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In Pictures: Inside a £22mn Chelsea villa with one of RBKC’s last big basement builds
PCL agency lands one of the season's standout instructions in the Boltons Conservation Area.
Ten-year-old agency adds Surrey specialist
Stephen Cullens has joined Andrew Giller and David Carter's house. Partnership.
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Jo Eccles: Four key trends in the prime London market this summer
Eccord's MD is reminding clients that this is a nuanced market to navigate, as well-priced homes attract competition and more owners consider renting instead of selling.
By Jo Eccles