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.
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.
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.
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.
New home registrations hit eight-year high but London stumbles
New figures from the National House Building Council show 156,140 new homes were registered to be built in the UK last year.
The average London property price increased by 12.4% in 2015
Average property prices across England and Wales increased by 6.4% last year, after pushing up by 1.2% in December, according to the latest from the Land Registry.
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.
Resi revival for Dobson’s Longhirst Hall
An important John Dobson country house in Northumberland is being returned to residential use, eighty years after being requisitioned by the Army.
More woes for PCL as top-end prices and transactions tumble further
Following another dip in Q4, average prices per square foot across prime central London ended the year down -3.7% on an annual basis, according to the latest figures from LonRes.