Chancellor set to leave CGT rates for second homes ‘untouched’
New leaks from Downing Street suggest Rachel Reeves is planning to leave Capital Gains Tax on property sales unchanged, while increasing rates on other asset sales by 'several percentage points'.
Economists warn of landlord ‘exodus’ if CGT rises
Capital Economics has modelled what would happen if Capital Gains Tax went up to 45% for the highest-earning landlords and second home owners.
Chancellor weighs CGT hike up to 39%
Treasury models seen by The Guardian suggest hiking Capital Gains Tax that much would be 'detrimental' to the national finances.
Property Industry Reactions: BoE holds interest rates at 5.25% again
'No great surprise,' say property market pundits, as the Bank Rate is maintained at a 16-year high for a seventh time.
Most read
Well-known RBKC specialist returns to Savills
Dan Martin made the move to luxury brokerage UK Sotheby's International Realty in 2023.
£38m Belgravia mansion sold in London’s first super-prime deal of 2025
Five super-wealthy buyers were fighting it out for the 9,000 sq ft Grade II listed townhouse on Wilton Crescent over the festive period.
Harrods Estates names new Knightsbridge sales manager
Well-known dealmaker steps up at PCL agency's flagship branch.
New head of sales at Knight Frank Richmond
Top-billing agent Edward Adler takes the reins at firm's longstanding base in SW London.
International buyer swoops on £26.25mn Mayfair mega-lateral
Fairway Capital sells 'palatial' residence in former Rolls Royce HQ on Old Park Lane; reports £120mn 'wave' of deals to buyers from the UK, Middle East & Asia.
St John’s Wood super-home project goes for £2mn above guide
Multiple bids went in for the 'best-in-class' 10,000 sq ft new-build scheme, which was being offered with a top-tier design team already in place.
Savills PCL teams toast £100mn festive deal flurry
Prime Central London agency & resi development divisions report 'one of their strongest ends to a year' after HNW buyers splash out on mansions & penthouses.
London’s super-prime property market slumps to five-year low
£15mn-plus deals dropped off by a quarter in 2024, reports Beauchamp Estates, as tax hikes, non-dom changes & political uncertainty spooked billionaire buyers.
Harding Green signs former UK Sotheby’s International Realty MD
Guy Bradshaw will focus on Cheshire’s high-value property market as part of the 'freelance' brokerage's expanding network.
Strutt’s former rural chief teams up with top buying agent for new venture
Jess Simpson & Matt Sudlow have launched Stoneacre Advisors to provide private clients with advice on high-value, complex, rural property transactions.
LATEST ARTICLES
The Future Is Green: Property industry insiders on balancing luxury & sustainability
Members of The Luxury Property Forum share expert insights into how the prime resi industry is embracing the challenges & relishing the innovations of taking a more sustainable approach...
Savills Ski opens in Gstaad
Lucinda Brousse is running the new Swiss office.
‘Promising permanence in uncertain times’: Luxury design firm predicts six key interiors trends for 2025
Future heirlooms, home bars & mood-enhancing hues will be high-up on clients' wish lists in the year ahead, says Taylor Howes.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
‘January sales in full force’: 35% of property listings have seen a price reduction
Ranked: Which regions are seeing the most asking price cuts?