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
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DDRE reveals 2026 sales figures; adds four new advisors
Persephone Rose, Helena Barnett-Lonergan, Ross Parker & Tommy Moore have joined Daniel Daggers' luxury brokerage.
By PrimeResi
High Court orders buyer to pay more than £3.4mn after London mansion deal collapses
Judge found developer acted reasonably in reselling £16.9mn trophy home after buyer twice failed to complete.
Independent buying agents launch invitation-only alliance
New network aims to promote higher standards and make it easier for consumers to find experienced buy-side advisers.
Mid-year deal review: 25 standout luxury property sales from H1 2026
PrimeResi's snapshot of eye-catching transactions from the first half of the year, from record-breaking mansions to trophy penthouses.
‘A genuine London icon’: Extraordinary Regent’s Park building offered with development potential
Originally built as a major visitor attraction, agents say The Diorama 'represents a truly generational opportunity' to create 'a private headquarters, cultural destination, world-class residence or legacy…
By PrimeResi
In Pictures: Touring a brand-new townhouse opposite Harrods, asking £14.4mn
Agents are marketing the first of five newly completed freehold homes on Lancelot Place; PrimeResi took a look around.
‘The product has to work harder than ever’: Dean Main on developing, managing & future-proofing super-prime homes
The Rhodium and Henigman boss gives PrimeResi the inside track on how top-end demand is shifting in London - and reveals what separates the very best schemes from the rest.
‘One of the most beautiful houses in Oxfordshire’: ‘Bohemian sanctuary’ with romantic roots seeks £14.25mn
Newington House was built in the style of an Italian Palazzo, and later became something of a hub for literary high society.
By PrimeResi
‘One of the most exclusive private islands in the world’ seeks $100mn with mega-mansion potential
In Pictures: This 75-acre tropical enclave was developed into a lavish retreat by Brazil's 'Michelangelo of the scalpel' in the 1970s.
By PrimeResi
Black Brick flags big shifts in buyer behaviour across Prime London
Buying agency's H1 data shows houses overtaking flats, suburban neighbourhoods outpacing central London and off-market deals becoming increasingly dominant.
LATEST ARTICLES
Tom Bill: Prime market braces for another summer of speculation
Knight Frank's UK resi research boss unpacks the latest data, political noise and what it all means for London's high-end housing market.
By Tom Bill
Prime property price declines accelerate in ‘strong buyer’s market’
Savills expects 'increasingly cautious' London & regional top-ends to remain price sensitive in H2.
By PrimeResi
‘Lack of data’ casts doubt on High Value Council Tax Surcharge
Zoopla suggests around two in five homes worth more than £1.5mn 'have never had a sale recorded by the Land Registry.'
By PrimeResi
Global trophy homes go under the hammer in Mayfair
Concierge Auctions said £139mn in bids were placed during its latest London global sale at The Connaught, as buyers competed for homes from across the US and Europe.
Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing, featuring data, forecasts and analysis from Savills, Knight Frank, Wetherell, BoE, HMRC, UBS & more...