Policy
Government promises ‘blitz of new measures’ to boost housebuilding as planning applications drop
5% fewer planning applications were submitted in Q2, but 1% more were approved.
Industry Reactions: Central bank holds interest rates at 4.0%
The Bank of England 'remains focused on squeezing out any existing or emerging persistent inflationary pressures'.
Proposed new £500k property tax would affect half of all London homes
'Any change from Stamp Duty to a homeowner tax would lift the upfront burden from the vast majority of buyers' across England & Wales, concludes eXp UK after checking Land Registry data.
Major industry players create eight-point charter to drive ‘faster, more certain property transactions’
23 companies have signed-up to Project 28, setting an ambitious 28-day target to take deals from sale agreed to exchange.
RICS publishes global standard for ‘responsible use of AI’ in surveying
'Landmark' new framework sets out best-practice guidance for the use of artificial intelligence in the property sector.
Grey Whales, Ground Squirrels & the London Walrus: Lucian Cook’s field guide to PCL’s changing environment
A changing tax landscape has opened up a buying opportunity in central London, writes Lucian Cook of Savills – and with it, a shift in HNW buyer profiles.
Tom Bill: Property & bond markets face pre-Budget turbulence
Average prices in PCL are showing their widest annual decline in over four years as mounting uncertainty weighs on sentiment, reports Knight Frank's head of UK resi research.
New Housing Secretary amid major government reshuffle
Angela Rayner has been replaced by Steve Reed - the former Environment Secretary, leader of Lambeth Council, and co-Chair of the VNEB Regeneration Board.
Survey reveals shifting UHNWI strategies in PCL
Savills poll of leading advisers shows London’s ultra-wealthy reassessing residency amid mounting tax pressures.
Housing Secretary resigns over Stamp Duty miscalculation
'I deeply regret my decision to not seek additional specialist tax advice,' says Angela Rayner.
Reeves confirms Budget date: 26th November
Prime property taxes are in the Treasury's crosshairs.
Rumourmill Roundup: 7 big tax changes that could hit the property market this Autumn
A flurry of Treasury leaks & speculation surfaced over the summer holidays, including proposals to end Stamp Duty, extend CGT & IHT, and to introduce a new annual property tax.