Policy
Chestertons flags ‘unintended consequence’ of new rental rules
Major London agency says landlords have been rethinking pricing tactics under the RRA - and reports a 20% drop in sales enquiries.
Burnham ‘rules out’ scrapping Stamp Duty in the next Budget
But other reports suggest the new government is 'actively looking' to replace council tax & stamp duty with a new system.
Westminster preps ground for ‘significant’ council tax hike
PCL borough says it is facing a £100m funding blow.
Trade body piles onto ‘mansion tax’ consultation
Propertymark says ministers still have big questions to answer on valuations, enforcement and who ultimately pays the charge - and warns against hitting non-UK resident owners with an additional surcharge.
Resi developer’s global survey reveals ‘what the world thinks of London’
London Square research finds the capital leading the pack for careers and resi investment, with overseas sentiment more upbeat than the domestic narrative might suggest.
Navigating SDLT Surcharge: What happens when foreign entities are involved?
Overseas property held through companies or other structures can have unexpected consequences for UK purchases - lawyer Will Timbrell explains where buyers and advisers need to tread carefully.
Property Industry Reactions: New PM Burnham installs Downing Street team
UPDATED: Former Defence Secretary John Healey replaces Rachel Reeves as Chancellor of the Exchequer; Angela Rayner returns to the Cabinet as Housing Secretary.
Views sought on leasehold enfranchisement valuation rate reform
Important consultation seeks to set a framework for how much leaseholders should pay to buy the freehold, extend their lease or to buy out their ground rent.
‘Streamlined’ draft London Plan targets housebuilding & climate resilience
35% affordable homes fast-track threshold returns for over a third of boroughs.
Leasehold ‘life sentence’ report lambasts slow reforms
Researchers claim '90% of [leasehold] buyers regret their purchase.'
Lucian Cook: Tax speculation returns but all of the complexities remain
Despite much chatter, 'the matter of whether [Andy Burnham] would pursue a substantial overhaul of property taxation remains one of conjecture,' counsels the Savills research chief.
New-build supply sinks to nine-year low
Rightmove shares a three-point plan to rally housebuilding as it reports the lowest number of new-build developments coming to market since 2017.