The Market
Average Mansion Tax bill for £3m+ homes would be £23,775 a year – CBRE
Promises made to homeowners in the £2m-£3m bracket mean that people owning properties worth more than £3m would pay an average of £23,775 in Mansion Tax per annum, according to new research by CBRE.
Give Brits a break from the highest property taxes in the world – Leeming
The Chairman of 44-office estate agency Jackson-Stops & Staff has come out swinging against politicians debating the merits of a mansion tax;
Recession survivors see conveyancing volumes hit ten-year high
The total number of conveyancing firms active in the UK market last year (5,871) was down 24% on the 7,733 seen in 2007, which means that a whopping 1,862 firms have either exited the market or merged…
Rural property price growth closes in on urban rises – Zoopla
The rate of annual price growth in country areas is catching up to urban increases, says Zoopla, but a £50k rural premium remains.
The ONS' urban / rural map
Urban values have risen by 5.
Asking prices tickle an all-time high, despite a muted month – Rightmove
New asking prices are just £30 shy of last June's all-time high, says Rightmove, despite a relatively relaxed 1% rise over the last month.
The number of newly-listed properties on the No.
Apartment at former home of Sir John Everett Millais asks £4.95m
An apartment at 7 Palace Gate, the former home of painter and illustrator Sir John Everett Millais, has just come up for sale for a shade under £5m.
Cheap Rate: Low mortgage rates mean ‘there are deals to be made’ at the top end
"Borrowers can now snap up some of the lowest mortgage rates on record," says Hamptons, and it's the top-end of the market that's seeing the benefit.
Winkworth launches Corporate Services department
London's biggest estate agency, Winkworth, has launched a new centralised service for relocation agents and corporate clients searching across its 90-office UK and international network.
Short supply puts prices back on the rise – except in London
London was the only place in the UK where more surveyors reported price drops than rises in February, with price increases across the rest of the country re-emerging due to the demand supply imbalance,…
Tonic for Tomorrow: 10 steps to a healthier UK property market
A trio of big-hitters - Countrywide, Hamptons International and Lambert Smith Hampton - have strapped on their stethoscopes and come up with a treatment plan for the UK's ailing property market.
A Capital Polarised: How levels of buyer activity vary across London
The number of London homes sold for over £2m has almost halved so far this year, down 48.7% on the same period a year ago.
How will Australia’s foreign investment clampdown affect its residential property market?
Under pressure to cool a soaring housing market, the Australian government's proposed clampdown on foreign property buyers has raised a few eyebrows around the world.