British Land gears up to launch final Clarges units
24 residences at the hyper-luxe Mayfair scheme have now either exchanged or completed, bringing in a total of £344m for the developer; remaining ten to be released this summer at an average value of over £14m apiece...
Sales launch at the world’s tallest resi tower; 20 units asking $60m or above
Apartments at Extell's Central Park Tower in New York will range in size from 1,435 to over 17,500 square feet
By PrimeResi
Super-prime Mayfair scheme delivers £200m profit for British Land
The developer's 'highly successful' Clarges Mayfair project on Piccadilly has brought in receipts totalling £446m to date, with just one unit left to sell...
By PrimeResi
Deals flow for Savills’ London land team in ‘exceptional’ year
Division tucked away an impressive 45 transactions in 2018, ranging in size from £1m to over £100m...
By PrimeResi
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Autumn Budget ‘to hit 100,000 properties with mansion tax’
Latest rumours suggest a revaluation of homes in F, G & H Council Tax bands is likely.
By PrimeResi
Fatemi & O’Brien named among Sotheby’s top global property brokers
PCL duo achieve top-tier status across brand's 26,100-strong worldwide real estate network.
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
Strutts continues high-level hiring spree in PCL
Toby Downes has returned to the 140-year-old property agency after holding senior positions with Savills, Redbook & Haringtons.
By PrimeResi
‘Fortune favours the brave’: Inside the Chelsea sale that defied the market
Jamie Hope reveals how a bold pricing strategy on Glebe Place sparked a bidding frenzy and delivered 20% over asking - amid some of the toughest conditions in recent memory.
By Jamie Hope
Luxury developer readying £110mn Belgrave Square ‘giga-mansion’ for market – report
The former HQ of the Royal College of Psychiatrists is being reworked into one of London's grandest private homes, measuring around 22,000 sq ft.
£24mn Notting Hill mansion changes hands in ‘landmark’ deal
Stucco-fronted Grade II-listed Allom masterpiece sells after more than 20 years in the same ownership.
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
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.
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
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Expectations for residential transaction volumes, house price growth and for housebuilding activity have all been scaled back.
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Reeves’ Council Tax Surcharge ‘throws a spanner into the works of the housing market for not much in return’
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