'Buyers from China are more than willing to pay their fair share' - Juwai's CEO on the Tory foreign buyer tax
Carrie Law, CEO of China's No.1 international real estate website, reacts to Theresa May's proposal to charge a higher stamp duty rate to non-UK buyers
Carrie Law was appointed CEO of leading Chinese property portal Juwai.com in 2017. A Hong Kong native fluent in Mandarin, Cantonese, and English, Carrie was previously a senior executive with the REA Group, as well as the former General Manager of iProperty Group. Juwai, which means “home overseas”, is visited by thousands of Chinese buyers each day from over 403 cities throughout China, as well as major Chinese communities in Taiwan, Hong Kong, Malaysia and Singapore.
May takes aim at foreign property buyers with 3% additional stamp duty levy
"It cannot be right that it is as easy for individuals who don’t live in the UK, as well as foreign based companies, to buy homes as hard working British residents" says the Prime Minister
By PrimeResi
Industry Reactions: How might the Tory foreign buyer tax affect the UK property market?
Top prime resi experts and business leaders weigh in on what Theresa May's plan for an additional SDLT levy on non-UK buyers might mean for the property sector
By PrimeResi
The Vancouver Experiment: A year on from the foreign buyer tax, how is the market performing?
Has an extra 15% charge on foreign buyers cooled Vancouver's runaway housing market? And will other cities follow suit?
By Knight Frank
Companies in this article
JuwaiMost read
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
£10.95mn Regent’s Park mansion sold ‘within minutes’ of Budget speech
UK buyer accelerated exchange on Grade I listed residence after Chancellor delivered a softer-than-expected property tax package.
Top buying agent launches independent firm
Lucie Hirst's new operation will specialise in high-end acquisitions across PCL & the Cotswolds.
Agency seals trio of £20mn-plus sales in St John’s Wood as top-end buyers pounce
Savills reports £130mn pre-Budget transaction flurry in prestigious NW London neighbourhood - and predicts a busier-than-usual close to the year.
Hoffen West acquires well-known PCL agency’s lettings & management book
26-year-old Belgravia specialist's portfolio will be integrated into Rupert Hoffen & Neil West's operation.
By PrimeResi
Super-prime developer Binghatti appoints London sales lead
Dean Elgafar previously worked at Wetherell, Chestertons & UK Sotheby's International Realty.
By PrimeResi
£10bn Earls Court scheme gets green light from H&F
Borough's unanimous approval marks 'major milestone' for central London's biggest cleared development site.
PCL buying agency toasts £80mn of deals despite ‘testing’ market
Camilla Dell's Black Brick reveals its standout acquisitions of 2025, including a ‘landmark’ Georgian villa in Hampstead, a classic Marylebone townhouse, and a trophy Mayfair apartment
Property consultancy faces six-figure fine for unauthorised works on Grade I listed building
Court rules Knight Frank made alterations to an historic building in Bath without the necessary consents.
By PrimeResi
Swiss voters reject significant super-rich inheritance tax proposal
Decisive result in Switzerland's divisive wealth tax referendum.
By PrimeResi
LATEST ARTICLES
Savills reports big jump in country house sales; expects ‘busier-than-usual’ year-end
The agency transacted on over £120mn-worth of prime country homes in November - 66% more than in the same month in 2024.
By PrimeResi
Douglas Elliman carves out new territory in the French Alps
Exclusive: Fresh from its arrival in the French Riviera and Monaco, the US brokerage is pushing into the super-prime Alpine markets of Chamonix and Morzine.
Prime Purchase adds new director in the Cotswolds
Savills-owned buying agency continues its recruitment drive, strengthening its country team with another established operator.
In Pictures: North London mansion offered for sale for first time in 25 years
The eight-bedroom home with a 1,000 sq ft drawing room has an 'exceptional sense of privacy & security', says Dexters
By PrimeResi
Prime London Property Market Snapshot: Week 48, 2025
Fresh LonRes data confirm a jump in property market activity last week.
By PrimeResi