Balls announces mansion tax thresholds; admits he could be ‘a very, very unpopular man’ if Labour wins in May
Balls details plans for mansion tax on ‘ultra-high-value’ £2m+ homes
"How can it be right that the foreign buyer last month of a £140 million flat in Westminster will pay just £26 a week in council tax — the same as the average-value property in that council area?
By Prime Resi
Labour’s mansion tax plan defeated in the Commons
Labour's motion for a Mansion Tax on properties worth over £2m has been defeated by 304 votes to 241 in the House of Commons, after the Liberal Democrats sided with the Conservatives.
By Prime Resi
Labouring the Point: Mansion Tax & other property market schemes
With seven months to go, Labour has outlined its plans to reform the way we live where we do should it win next year's General Election.
By Prime Resi
Most read
Knight Frank expands remit for van Straubenzee amid Middle East push
Private Office co-head to lead regional growth alongside global role
The Wealth Report 2026: ‘We are witnessing one of the most significant shifts in global wealth distribution in modern history’
Eight big themes, six key takeaways & a digest of super-rich numbers from Knight Frank's flagship research offering.
By PrimeResi
Luxury brokerage recruits two high-flying West London specialists
Euan Rollo was previously a Director at Savills in Notting Hill; Adam Andersson Broholm was a Partner with Knight Frank in Chiswick.
By PrimeResi
$550mn Monaco deal could set new global home sale record
Details surface around a transaction in the principality’s ultra-prime Mareterra enclave that would rank among the largest ever recorded.
New agency Draper London targets five-office PCL rollout
Founded by ex-Knight Frank and Aston Chase agent Craig Draper, the high-end firm is backed by former Greene & Co MD David Pollock.
Knight Frank cuts UK house price forecasts again
The outlook is not rosy for either prime or mainstream markets this year, but the property consultancy senses a 'change in political direction' before 2030.
By PrimeResi
Boutique agency lines up another Beaufort Gardens double building at £19.5mn
Working with Knight Frank, Maskells picks up trophy instruction near Harrods after marshalling similar sale last year.
In Pictures: 121-acre Victorian Surrey estate with cricketing pedigree asks £9.85mn
Designed by George Devey, the Grade II listed Sendholme comes with its own pitch and pavilion.
£7mn Albert Hall Mansions duplex marketed on ‘priceless’ royal link
Three-bed duplex overlooking Hyde Park is being positioned around a claimed Queen Victoria connection.
Required Reading: The Renters’ Rights Act is (nearly) here
Next week marks the start of 'new age' for the private rented sector, says Jessica Tomlinson of Savills, as she walks us through what incoming legislation means for top-end tenants & landlords.
LATEST ARTICLES
Government ‘considering rent freeze to limit Iran war fallout’
Chancellor Rachel Reeves is reported to be 'examining exceptional measures to protect household budgets' in the face of economic fallout from the Iran war.
By PrimeResi
Mapped: How prices & rents have shifted across London’s top neighbourhoods so far this year
Latest data shows sales values falling across most PCL areas, with sharper drops in some of the most exclusive markets.
Nuhu-designed penthouse at Stirling’s Carlton Gardens scheme hits the market
Boutique agency lists 'showstopping' proposition just off the Mall for £13.9mn.
Home renovation activity drops to decade-low
The gap between people moving home and people extending or improving is at its widest point in recent history, says Savills.
By PrimeResi
Chestertons & Aston Chase owner buys another London agency
Campions Group confirms second business acquisition in the capital this month.
By PrimeResi