'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
Harrods Estates to shutter operations after 130 years
High-profile luxury agency, founded in 1897 and a fixture of the Prime Central London market, has closed its Knightsbridge office and is no longer accepting new enquiries.
Savills snaps up top-end London lettings firm
Acquisition sees PCL veteran Mark Tunstall return to the agency as co-head of super-prime lettings in the capital.
UK Sotheby’s teams up with Sports World on big-ticket lettings
Tie-up results in ‘landmark’ transactions in Highgate and North Surrey.
Luxury Mayfair scheme chalks up deals as turnkey demand holds firm
Agents report ‘sustained appetite’ at Reuben Brothers development despite market headwinds.
Agency reports £37mn deal run on Hamilton Terrace
Five sales tucked away on one St John’s Wood street, including two sizeable houses just last week.
Harrods Estates duo Dougramaji & Harte join Strutt & Parker
BNP Paribas-backed agency boosts Knightsbridge & Belgravia team as top PCL operators move on from Harrods Estates.
My Property Career: Quickfire Q&A with Charles Leigh
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
In Pictures: Brand new Wentworth mansion with rare fairway access seeks £21.5mn
Buyer sought for 18,000 sq ft new-build on prized 1.42-acre plot.
Opinion: Why London remains the natural home for global trophy buyers
Demand is returning to north London’s top-tier enclaves as Middle East tensions rise and pricing resets, reports agency boss Trevor Abrahmsohn.
Resi developer & investor team up for €150mn luxury Marbella project
Major Spanish housebuilder confirms a 'strategic expansion' in the prime residential arena.
By PrimeResi
LATEST ARTICLES
Knight Frank launches self-employed broker network
The 130-year-old estate agency has identified 36 London patches for affiliate brokers, as it looks to expand its sales coverage.
By PrimeResi
Grand Registry: Surveying last month’s biggest registered deals
Super-prime sales in Chelsea and Knightsbridge lead latest rundown of officially-recorded transactions.
Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing, featuring data, forecasts and analysis from Savills, Hamptons, Benham & Reeves, Foxtons, HMRC, LonRes, Knight Frank & more...
Prime London rents rise as supply falls and Middle East uncertainty boosts demand
New listings in Q1 were down by 8% on last year's levels, Knight Frank reports.
Edinburgh suspends 300% second homes levy after eight days
Council pauses new tax premium for around six months, pending a review.
By PrimeResi