Chancellor Hunt hikes taxes; plans to roll back recent Stamp Duty cuts in 2025
Today's Autumn Statement represents 'a substantial tax increase', admits Chancellor Jeremy Hunt, targeting 'those with the broadest shoulders'.
Required Reading: The 2022 Autumn Statement for HNWIs & business owners
Mishcon de Reya highlights the key points and policies from yesterday's Autumn Statement - noting that what wasn't announced is 'arguably more interesting and revealing' than what was in Jeremy Hunt's…
‘It could’ve been worse’: Property industry reactions to the Autumn Statement 2022
Chancellor Hunt has slashed CGT allowances, time-limited Kwarsi Kwarteng's Stamp Duty cuts, and subjected many more people to the top rate of Income Tax - but the run of tax increases come will come into…
Talking Heads: What would cutting Stamp Duty do to the housing market & economy?
It's being reported that Friday's "emergency mini-Budget" will feature a cut to Stamp Duty. Is this wise, and what impact might such a move have on the property market and on the wider UK economy?
Most read
Top-performing PCL agents generated ‘as much as £5mn’ in fees last year, claims luxury brokerage
High-profile firm reports £1.63bn in sales and lifts lid on individual broker earnings following major recruitment drive.
Top brokers assess the Iran conflict’s effect on global prime property markets
Luxury property agents in London & Dubai report early shifts in buyer activity as geopolitical tensions escalate.
By PrimeResi
Knight Frank names three new Proprietary Partners
Knightsbridge lettings head Arya Salari, capital markets specialist Eddie Thomas and lease advisory lead James Thistle step up.
Knight Frank appoints new UK marketing head
Former Crown Estate and Disney exec takes role spanning agency’s resi and commercial divisions.
£10mn Notting Hill project offers chance to create ‘one of the area’s great homes’
Rare unmod Ladbroke Grove townhouse with communal garden access and basement planning comes to market.
Westminster to grant blanket retrofit consent for Eaton Square
Borough's first Listed Building Consent Order promises to allow 'retrofit at scale' on London's largest residential square.
By PrimeResi
FT: ‘We’re past the $200mn threshold’ – the rise of super-super prime property
'How much is mere showboating listing,' asks FT journalist Mark Ellwood - 'and how much higher can prices for single private properties actually be pushed?'
By PrimeResi
Ten Years On: Assessing the ‘profound effect’ of the second home stamp duty surcharge
'Almost overnight, the market tilted away from investors,' says Hamptons, 'meaning far fewer homes have been added to the rented sector' in the last decade.
By PrimeResi
Buyer secures Dubai’s third most expensive apartment
The big-ticket off-plan deal comes amid escalating regional tensions.
By PrimeResi
Savills buys major real estate investment bank Eastdil
The deal is one of the biggest in Savills' history.
By PrimeResi
LATEST ARTICLES
Opinion: Winkworth boss Dominic Agace on why stamp duty should be abolished
Agency boss met Shadow Chancellor Sir Mel Stride MP at the firm's Pimlico office this week to discuss the need for change.
America’s biggest property portal to open up pre-market listings
Major US brokerages back Zillow move to surface 'coming soon' listings to its enormous audience.
Christie’s International Real Estate targets Tokyo
Hokkaido-based affiliate makes a play for the capital’s fast-growing luxury market as currency dynamics boost overseas buying power.
On Leasehold Reform: What the big shake-up could mean for prime property investors
Following publication of the draft Commonhold and Leasehold Reform Bill earlier this year, lawyers Kate Stockdale & Michael Ellis assess the likely impact on ground rents, ownership structures and investor…
New-build Wimbledon mansion to go under the hammer
Near-8,000 sq ft trophy home is due to star in Allsop's third sale of 2026.