Economics
‘First hard evidence’ emerges of £2mn mansion tax effect on property prices
Fresh data confirms that transactions are 'bunching' below the incoming High Value Council Tax Surcharge threshold.
Industry Panel: How 15 prime resi leaders would redesign England’s property tax system
Exclusive PrimeResi survey finds most respondents favour shifting the tax burden away from transactions and towards property ownership - but opinion is split over abolishing SDLT altogether.
Knight Frank research boss: UK housing outlook hinges on Middle East tensions
Markets are pricing in multiple rate hikes, but where borrowing costs go next relies heavily on a single unpredictable geopolitical risk, explains Tom Bill.
Property Industry Reactions: Interest rates held at 3.75% for sixth time
But the Bank of England has warned rising inflation means a rate hike is getting more likely.
Tom Bill: Why January feels a long time ago for the UK housing market
Global and domestic forces including the Middle East conflict, Japanese capital flows, higher AI investment, rising government debt and fiscal concerns ahead of October’s Budget are reshaping the borrowing…
In Charts: Surveying England’s housing stock as high value levy looms
Council Tax statistics shine a light on the composition of housing stock across England & Wales, highlighting the relative scarcity of high-value homes as the new surcharge on £2mn+ properties hoves into…
Housebuilder start-ups down by a third as resi construction slump deepens
'The number of housebuilders is likely to continue shrinking,' warns major estate agency group, as economic pressures mount.
‘Ever increasing taxes cannot continue’: Charles Curran on fear, flight & the changing PCL market
The Maskells boss weighs up the impact of tax uncertainty on prime London – and spots an opportunity amid the gloom.
Tom Bill: Mind the gap between tax policy and economic reality
As Labour weighs up more tax rises for the autumn Budget, Knight Frank’s head of UK resi research warns of the unintended consequences of getting the sums wrong.
Non-dom exodus could be costing Treasury £4bn a year, claims top wealth lawyer
Stephenson Harwood’s James Quarmby says it’s the wealthiest departures that matter - and warns they aren’t being replaced.
Property should replace work as tax base of choice, says influential think tank
IPPR pitches a 0.65% proportional property tax to replace both council tax & stamp duty.
Industry Reactions: UK house price growth slowed to 2% in June
But London’s rate of price decline eased again, prompting one buying agency to flag ‘increasing signs that prices have finally bottomed out’ in the capital.