Carrington on Q3: Punishing rates of SDLT continue to undermine the London market

Views

'Much of what happened in the immediate aftermath of the referendum now appears to have been a knee-jerk reaction'

Written by

William Carrington

Chairman at LonRes

William Carrington co-founded LonRes.com in 2000. A subscription-only service providing real-time data for estate agents, relocation agents, valuers and surveyors operating in the London area, Lonres.com owns the largest archive of sales and lettings transactions in central London and further provides tailored data and research analytics to its customers. William is a director of CLEA Ltd, which publishes the London Magazine, and is a consultant to Boston Radford Chartered Surveyors. He has nearly 30 years’ experience in the central London residential market and is known to all of London’s best agents. He commutes to and from Northumberland every week.

This content is available only to PrimeResi Members.

If you have a membership login below, otherwise join Prime Resi today for full access to the Journal of Luxury Property.

Main image: Whilst the property market has led by example throughout the pandemic and afterwards, it will not be immune from interest rate rises and inflation’

News

Stamp duty receipts "so far this year have been much weaker than expected" says the OBR
Views

'The market is adjusting as it always does, but HM Treasury will bear some of the pain this time as they forgot that the London residential market is part of the economy, not a cash cow needing to be milked'…
News

Major LSE study for GLA finds that overseas investment since 2010 has had a 'positive net effect on the availability to Londoners of new housing, both private and affordable'