Balls details plans for mansion tax on ‘ultra-high-value’ £2m+ homes
Balls announces mansion tax thresholds; admits he could be ‘a very, very unpopular man’ if Labour wins in May
"Of course Savills are going to try and scare everybody with a £50m house," said Shadow Chancellor Ed Balls as he outlined his ideas for mansion thresholds in Labour's proposed progressive tax on high-value…
By Prime Resi
Mansion Tax: An assault on heritage
It’s that time of year again and once again the rumble of a mansion tax echoes around the conference halls, says leading historic building consultant Ben Furnival, as he calls for exemptions at least…
By Prime Resi
Lib Dems abandon ‘crude’ mansion tax in favour of new Council Tax bands
Just a few days after Labour threw itself behind a Mansion Tax on £2m+ properties, The Liberal Democrat party has overhauled its Mansion Tax plans, proposing the introduction of new Council Tax bands…
By Prime Resi
Companies in this article
Knight FrankMost read
Talking Heads: How the business of luxury property has evolved over the last 25 years
PrimeResi’s panel of seasoned property leaders unpacks the major shifts reshaping the industry in the 21st century - from greater transparency & regulation to tackling discrimination & rethinking collaboration.
By PrimeResi
Huge St John’s Wood apartment block heads to auction
157-unit freehold building just around the corner from Lord's will be going under the hammer next week.
Altius picked to deliver ‘once in a generation’ West End tower scheme
The Huguenot House development team includes architects Foster & Partners and contractors Erith.
By PrimeResi
HNW family offices show ‘ambivalence’ toward real estate investments
UBS has surveyed more than 300 single family offices around the world.
By PrimeResi
OB Private hires Strutt & Parker’s Waddell to head new Development & Investment division
Renowned luxury property specialist joins rapidly expanding agency with bases in Mayfair and Notting Hill.
Rumourmill: Reeves ‘to defy’ wealth tax calls
Chancellor reportedly distances herself from proposals to raid the rich.
Landmark Shard residences still unlet amid ‘severe’ ultra-prime market contraction
Company filings cite market downturn & tax changes for delays in letting set of luxury apartments at the iconic London skyscraper.
London rental market ‘buoyed by surge in supply’
'We expect this healthy balance between supply and demand to continue' through the summer, says Foxtons.
By PrimeResi
Rightmove halves growth forecast as asking prices record biggest July dip
Property portal now expects average asking prices to rise by just 2% through 2025, although transaction volumes remain strong.
By PrimeResi
McLaren Excell names new MD
Chris Savva has joined the architecture and interiors studio from Buckley Gray Yeoman.
LATEST ARTICLES
Valouran assembles top team for £200mn Bishops Avenue scheme
The super-prime developer's flagship North London project, Bishops Avenue Gardens, is due to launch this autumn.
‘Minor price reductions no longer sway buyers; instead, decisive cuts are what’s driving transactions’ – Garrington
'Significant reductions are an increasingly accepted part of prime deals,' says top buying agency.
By PrimeResi
Development land market running ‘slower than expected’
Positivity around planning reform has not led to more site acquisitions, reported Savills.
By PrimeResi
Prime London Property Market Snapshot: Week 29, 2025
A third fewer sales were agreed in Week 29 2025 compared 2024, but more homes are going Under Offer.
By PrimeResi
Landlords press pause on portfolio growth amid policy uncertainty – JLL
'Confidence is building,' reports agency, but a number of barriers are putting many off investing further.