Capital Gains Tax should be extended to nearly all homes, argues top think tank; here’s how it could work
Home-owners have benefitted from an "unearned, unequal and untaxed £3 trillion capital gains windfall" over the last 20 years, says the Resolution Foundation; this "one-off property lottery" should be liable for Capital Gains Tax...
A one-off wealth tax on £1m+ households is the best way to pay for Covid-19, says think tank
"A one-off wealth tax would work, raise significant revenue, and be fairer and more efficient than the alternatives," suggests an in-depth report from The Wealth Commission.
Budget 2021: Property industry reactions
"This Budget could be regarded as a reprieve for the housing industry," says one commentator, while others bemoan an "underwhelming" speech...
London’s Red Squares: Exploring the capital’s hotspots for HNW Russian property buyers
"An attraction of the UK as a whole for Russian buyers was that they felt their assets were safe here," says estate agency boss Mark Pollack
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UAE real estate giant buys UK developer London Square
Aldar Properties says its first acquisition outside of the MENA region provides 'a meaningful foothold in the diverse and dynamic London property market,' with financial heft that will give London Square…
By PrimeResi
Knight Frank’s van Straubenzee named ‘property adviser of the year’ at wealth industry awards
Joint-global head of the agency's Private Office saw off competition from seven other high-profile names at the 2023 Spear's Awards.
Fulham artists’ studios with potential offered for sale for first time in 60 years
The five artists' studios in SW6 have 'scope for a range of potential future uses,' says Savills.
By PrimeResi
Third.i recruits CBRE director to lead major acquisition drive
Rachel Mason will be in charge of identifying new investment opps in London and across the UK for the Australian developer, as it targets a billion-pound pipeline.
From strategic hires to the rise of self-employed agents: Andrew Deverell-Smith on the real estate recruitment trends to watch
Is it time to hunker down or level up? Recruitment guru explains how top property firms are taking different approaches to challenging market conditions.
John D Wood appoints new regional director in London
Ex-Chestertons director Glynn Gibb steps up at the high-end estate agency.
In Pictures: Angel O’Donnell-designed sub-penthouse unveiled at luxury Bankside scheme
New show unit goes on display at JTRE London's Triptych Bankside, where resi sales have now topped £200mn.
House prices to rise in London next year, but dip across the UK – Chestertons
Recovery will be 'slow and steady rather than spectacular', says high-profile agency.
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OnTheMarket shareholders approve CoStar takeover
Over 90% of OTM shareholders that voted approved CoStar's acquisition of the property portal.
By PrimeResi
Specialist lender refinances £175mn London mansion
Cohort Capital completes another PCL mega-deal as ultra-prime sector 'remains well insulated from wider economic headwinds'.
Super-prime rental market booms as HNWIs hanker after NW London trophy homes
Conditions are 'highly-competitive' at the top-end, reports Beauchamp Estates, with multiple serious tenants often vying for the same property...and the victor happy to pay one or two years’ rent up-front.
Watch: Touring ‘the most expensive house in the world’
YouTube star & luxury real estate agency team up to showcase the '$1bn' Chateau Du Champs De Bataille in Normandy, which is now up for rent.
House prices set for ‘modest’ decline in 2024, predicts Rightmove
'It’s likely to be another muted, and in parts challenging, year for some buyers and sellers in 2024,' warns Rightmove, as the property portal identifies five trends to watch in the coming year.
By PrimeResi