The Market
Wales extends Stamp Duty holiday; Scotland does not
Wales has extended its Stamp Duty holiday - which raise the nil-rate threshold from £180k to £250k - until 30th June, with no tapering of the tax break.
Required Reading: The Budget 2021 for HNWIs & business owners
The team at law firm Mishcon de Reya has trawled through HM Treasury's Budget documents to come up with this digest of the key points for business owners and wealthy individuals...
OBR upgrades property market forecasts
The Office for Budget Responsibility is rather more bullish on house price inflation and transaction numbers than in November...
Ten of the best graphs from this year’s Wealth Report
How many square metres of prime property does US$1m buy around the world right now; which property types have come to the fore since the onset of the pandemic; where are the biggest centres for UHNWIs;
Our esteemed Chancellor was kinder than we had feared
Rishi Sunak scored a 6/10 for yesterday’s Budget in the eyes of veteran agent Trevor Abrahmsohn...
Budget 2021: Stamp Duty holiday extended to September
As expected, Chancellor Sunak has extended the Stamp Duty holiday for a few months, taking a sensible (albeit steep) tapered approach to avoid the hard cut-off that's caused so much angst over the last…
The new London Plan is now in force
The capital's new "Spatial Development Strategy" - better known as the The London Plan 2021 - has finally come into force, after protracted exchanges between City Hall and Whitehall.
2021 starts with a bang as buyers splash £500m on London’s £5m+ homes
Deals are continuing to flow in the capital’s high-end market, reports Savills.
London market boosted by lockdown ‘roadmap’, reports Chestertons
Buyers, sellers & tenants ‘responded well’ to the latest government announcement, reports 31-branch agency.
Chancellor for the Day: What would prime resi insiders do to sort out property taxation?
We asked a selection of prime residential property insiders what they would do if they were installed as Chancellor of the Exchequer this week, and given a politically-free hand to make changes to England's…
Tom Bill surveys the property tax landscape
For the property market, like the rest of the economy, Wednesday's Budget will be focussed on getting the economy down the home straight of the pandemic rather than what happens on the other side, writes…
Property tax reforms slated for post-Budget ‘Tax Day’
The Government is planning to publish a batch of consultations on tax reform on 23rd March, a few weeks after Rishi Sunak's main Budget speech on Wednesday.