Chelsea buyer seeks massive Stamp Duty rebate over communal garden usage
A buyer is trying to reclassify a house purchase on Tedworth Square to benefit from mixed use SDLT rates - which could mean a tax rebate of nearly £900,000.
Returning Stamp Duty to 2005 levels would galvanise the property market, suggests influential think tank
"Stamp duty has distorted the market to such an extent that the costs of cutting it are far lower than generally realised," suggests the Centre for Policy Studies, led by David Cameron's former housing…
By PrimeResi
Treasury Committee rules out permanent Stamp Duty cut
"Any permanent cut or removal of SDLT would be likely to have a significant cost to the Exchequer," concludes HM Treasury.
By PrimeResi
Chancellor confirms Stamp Duty holiday will start today, as threshold raised to £500k
From today until 31st March 2021, buyers will pay no Stamp Duty on the first £500k when they move home.
By PrimeResi
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Deal sealed on ‘exquisite’ £27.5mn Clarges Mayfair apartment
Knight Frank secures sale of extra-special dual-aspect unit in 'iconic' super-prime scheme opposite Green Park.
Construction starts on REDD’s ‘ultra-luxury’ Kensington Palace Gardens project
Grade II* listed London mansion is being transformed into a set of top-end apartments by a world-class team.
Investor swoops on South Ken apartment block
London is offering 'great value' right now, says firm.
Mayfair mews project secures £6.5mn loan
Developer plans a 'transformative' redevelopment of the house on Mount Row, funded by a big-ticket loan from CapitalRise.
By PrimeResi
Regal ‘repositions’ as expansion plans take shape
Resi-led developer creates new brand portfolio to support 'increasingly diversified' strategy
Luxury agency adds new sales director in Knightsbridge
Anna Isajenkowa has joined United Kingdom Sotheby’s International Realty from Savills.
Historic Cadogan Place building available for the first time in 60 years
Freehold property, currently arranged as flats, is a 'gardener & historian's dream'
In Pictures: Handelsman’s Manhattan Loft Gardens penthouse seeks £17.5mn
Visionary property developer's 40th-floor home 'is a rare gem in the London luxury property market that stands out thanks to its awe-inspiring views and unique architectural brilliance,' says Becky Fatemi…
By PrimeResi
Agency lists Westminster townhouse at £11mn after virtual valuation
Super-prime property near Buckingham Palace is 'one of the most expensive houses ever to reach the market without a physical valuation'
Super-rich buyers circle as Caudwell’s £2bn Mayfair scheme takes shape
Luxury developer updates on progress as landmark project moves to advanced phase of construction.
LATEST ARTICLES
Talking Heads: What does the end of non-dom status mean for the prime property market?
As Britain's 225-year-old 'non-dom' tax regime faces abolition, we asked prime resi insiders about the potential impact on the property market and their businesses.
By PrimeResi
Irene Luke joins Savills Private Office
Co-head of Savills Monaco has expanded her role & is now part of the agency's elite global network of HNW specialists
Super-rich buyers circle as Caudwell’s £2bn Mayfair scheme takes shape
Luxury developer updates on progress as landmark project moves to advanced phase of construction.
CoStar to acquire digital visualisation firm Matterport
OnTheMarket owner agrees to buy leading virtual tour tech firm.
Price growth in prime country market turns positive
Prices ticked upwards by 0.3% in the first quarter of the year, the first positive quarterly growth seen since June 2022