The Market
Scotland’s LBTT raises £34m less than predicted
Strutt & Parker has come out swinging against Scotland's Land & Building Transaction Tax, after the controversial new levy raised £34m less than predicted in the nine months to December.
In
Crown Estate debuts Art Deco scheme near Regent Street
The Crown Estate's new development on the corner of Sherwood Street and Brewer Street has just hit the market, with prices starting at £1.425m.
50% of London new-builds should be affordable: Khan’s ‘firm new rules’
Labour's Mayoral candidate Sadiq Khan has laid out a pledge, backed-up with "firm new rules for developers", to make 50% of new homes built on public and brownfield land across London affordable.
If a Tree Falls in a Forest: The implications of Moorjani v Durban Estates
A recent judgment centring on 'whether inconvenience exists if there is no one present to experience it' will send reverberations right through the prime lettings sector, explains Rupert Higgins..
Buy-To-Flop: Why these newfangled loans are behind the game
All this recent innovation in mortgage lending looks to be 'too little, too late', says Trevor Abrahmsohn...
CZWG-designed show apartment unveiled at Islington Square
Sager Group and Cain Hoy have kicked off the sales push at their £400m Islington Square scheme by pulling back the curtains on the all-important show apartment.
Westminster generating over half of UK ATED receipts
Annual Tax on Enveloped Dwellings (ATED) receipts were up £16m (16%) last year, with properties in Westminster generating over half the entire haul.
Global house prices ‘continue to march slowly upwards’ – IMF
The latest update to the International Monetary Fund's Global Housing Watch shows that aggregate real property prices have edged up for the past 16 quarters
Boffins pitch ‘premium property tax’ on London’s £5m+ sales
Academics from Goldsmiths, Sheffield and York universities have floated the idea of slapping a "premium property tax" on London's prime property market to pay for social and affordable housing.
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Holland Park mansion with mega potential goes for £30m
Holland Park's double-fronted villas regularly command some of London's loftiest prices, but not many come with scope to more than triple the space on offer.
Right to Rent: Landlords face fines of up to £3k as of Monday
As of next week, landlords and letting agents in the UK will have to add detailed "right to rent" checks to their - already lengthy - to-do lists when granting new tenancy agreements.
The Gilded Youth: Attracting the next generation of wealth
The market moved away from typecasting the buyer as being a particular nationality some time ago and we can now add age into the mix, says Joe Burns