Finance

In an effort to thwart tax avoidance, HMRC is demanding that all schemes designed to get around the Annual Tax on Enveloped Dwellings (ATED) be disclosed to them - or face a fine of up to £1 million.

Fenton Whelan, a top-end resi developer started by a couple of former bankers in 2010, has just taken on a new site in the heart of Belgravia.

Jones Lang LaSalle's Research Team has redefined what it terms "Core Prime" in London to encompass an area called "Central South".

After four years of very little action to speak of, it's all kicking off in London's Docklands after a flurry of "game-changing" resi land deals.

The proportion, if not the number, of cash property buyers is on the rise, according to a new report from Hamptons. Just over 25% of deals were for cash in 2007; 33% over the past 12 months.

Lending for resi developments is on the up, according to a new survey from Savills. which identifies the top 12 big sum (£10m+) lenders.

It sounds like Camden Council is looking for some help in selling off a whopping £223m portfolio of resi assets.

Aviva Investors is moving away from prime London property investments, with the firm's Property Trust manager Philip Nell arguing that overseas money "has pushed prices to ridiculous levels in our view."

Boris Johnson used his speech at the Tory Party Conference to ask the Chancellor to exempt London homes from the "baleful effects" of stamp duty.

It’s that time of year again and once again the rumble of a mansion tax echoes around the conference halls, says leading historic building consultant Ben Furnival, as he calls for exemptions at least…

"Prime London Central residential has firmly carved its place in a balanced portfolio and is no longer looked upon as commercial property’s country cousin," says London Central Portfolio as it opens…

Following the recent SDLT changes, the number of property transactions above £2m has fallen and the Revenue receives less tax from industries associated with the property sector.