The Market
Chancellor set to leave CGT rates for second homes ‘untouched’
New leaks from Downing Street suggest Rachel Reeves is planning to leave Capital Gains Tax on property sales unchanged, while increasing rates on other asset sales by 'several percentage points'.
Prime Time: Agency reports surge in film & TV lettings demand
The UK's film & television industry is booming right now, and crews & actors have decent budgets for suitable properties.
Industry groups urge policy-makers to ‘put UPRN at the heart of the UK property market’
Fresh calls to promote the use of Unique Property Reference Numbers.
‘Promising signs’ for Prime London’s property market as under offers jump by 22%
Buyers have remained active despite ongoing challenges and a strong pipeline of sales is building, reports LonRes.
Industry Reactions: Official data shows UK house prices climb for a sixth consecutive month
Property values increased by an average of 2.8% in the 12 months to August 2024, according to the latest UK HPI, up from +1.8% annual growth in the previous month.
RE Confidential: On maintaining privacy in prime property deals
Lawyer Hugh Wigzell explains how high-profile clients can protect themselves before, during & after a significant purchase.
London’s rental market shows ‘resilience despite seasonal dip’
Lettings activity has slowed after a 'highly active season', says Foxtons.
Ranked: London parks with the highest house price premiums
Today's buyers are placing much more value on proximity to green spaces, reports Savills.
Prime London Property Market Snapshot: Week 41, 2024
The cumulative total number of residential sales agreed across prime London so far this year has tracked last year's tally remarkably closely.
‘Good news for estate agents’ as sales agreed jump by nearly a quarter
Lower mortgage rates have fuelled a rise in demand, reports TwentyCi, but many buyers are holding back until after the Budget.
‘A clear picture of a buyers’ market’ as listings rise
Q3 data suggest 'a significant gap between supply & demand', says Landmark Information Group.
Economists warn of landlord ‘exodus’ if CGT rises
Capital Economics has modelled what would happen if Capital Gains Tax went up to 45% for the highest-earning landlords and second home owners.