'Council tax & stamp duty are unpopular, unfair & impractical': Pressure builds for drastic property tax reform
A former advisor to Rishi Sunak - who also devised the Covid furlough scheme - has come up with 'a practical alternative to replace Stamp Duty & Council Tax'.
Inheritance Tax: IFS proposes major reform, including scrapping ‘special treatment’ of homes
Inheritance Tax payments will more than double over the next ten years, suggests the Institute for Fiscal Studies, as it pitches a significant rejig of the death tax regime.
By PrimeResi
The average Stamp Duty bill has escalated 490% in the last 25 years
Property price inflation has driven the average SDLT bill in England up from £601 in 1997 to £3,548 in 2021.
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
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Luxury hotel group Maybourne recruits Walsh to lead ‘ambitious’ branded resi drive
Owner of Claridge's, The Berkeley & The Connaught brings in The OWO's former sales chief to lead global branded residential strategy.
By PrimeResi
Knight Frank cuts house price forecast; PCL set for -4% drop this year
'A combination of high supply & faltering confidence means we now expect slower UK house price growth this year & in 2026,' says research chief Tom Bill - with prime markets set for sharp declines.
By PrimeResi
Knight Frank boosts PCL lettings team with senior hires
Agency recruits seasoned operators from Hamptons & CBRE for key roles in Chelsea & Knightsbridge.
Deal sealed on rare penthouse overlooking Regent’s Park
Boutique firm tucks away 4,000 sq ft spread at close to its £7.5mn guide as part of £30mn deal run.
London property ‘no longer a safe bet’, warns top wealth manager
'The London property boom is well and truly over,' declares Rathbones
By PrimeResi
Historic St John’s Wood school building set for luxury resi revival
Swift consent secured for MWA-designed plans to restore former residence & studio of the artist John O’Connor.
Super-prime St John’s Wood mansion finds a buyer
Trophy home on Hamilton Terrace sold 'within a few months' of being listed at £20mn.
By PrimeResi
‘A market in transition’: Inside London’s evolving luxury resi development scene
New report reveals how policy, branding & global demand are reshaping the next phase of the capital’s ultra-prime development cycle.
Indie estate agency Wilfords branches out in SW London
Boutique firm adds to its growing network with a new base close to Clapham Common.
Jamie Hope: Uncertainty is the only certainty we have
'Buyers are looking at the market through an ultra-cautious lens,' but boutique agency boss still sees positive signs.
By Jamie Hope
LATEST ARTICLES
Super-prime Notting Hill development opp seeks £12mn
Buyer sought for standout freehold property with "one of the most ambitious planning consents in the area".
£10mn price cut for trophy Knightsbridge penthouse
Ultra-prime residence at The Knightsbridge has been relaunched at £70mn.
Earls Court regeneration ‘will deliver £3bn a year to the local economy’
New analysis talks up the ambitious & long-playing Delancey-led development project in West London.
By PrimeResi
‘Business as usual’ says Zoopla owner after sale speculation
Private equity firm has reportedly hired investment bankers to 'examine options' for UK property portal & tech assets.
By PrimeResi
Real estate investor recruits trio to drive European growth
Maya Capital is looking to expand across the UK, Italy, Germany & France.
By PrimeResi