'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
Most read
Major London estate agency accused of ‘a culture of sexual harassment, antisemitism, racism & bullying’
'Any matters of sexual harassment or misconduct are taken extremely seriously, thoroughly investigated and in no way tolerated,' says Foxtons in response to a Bloomberg investigation.
By PrimeResi
One Hyde Park residents sue over alleged defects
Corroded pipes could cost £35mn to repair, suggest lawyers for super-prime Knightsbridge home-owners.
By PrimeResi
Hamptons installs new Kensington sales boss
Former Sotheby's director to lead agency's high-profile operation in W8.
Charlie Ellingworth: A ‘tour d’horizon’ of the prime property market in 2025
Property Vision's co-founder runs through some of the major developments & legislation that have shaped, and are shaping, the landscape in London & the country.
In Pictures: ‘Iconic’ Kensington penthouse seeks buyer
'Garden in the sky' was created in the early 1960s & sits at almost the highest point in the Royal Borough.
Property Listenings: Three real estate podcasts to hear this month
Catch up on fascinating conversations with industry insiders in PrimeResi's new regular round-up.
25 Years On: How the super-prime lettings landscape has changed since the turn of the millennium
Today's top-end tenants are a lot more footloose & want the comfort of five-star hotel living, explains Amelia Greene.
International buyer picks up £15mn Mayfair townhouse
Knight Frank's Mayfair & Private Office teams collaborate on sale of 'exceptional' property near Hyde Park.
‘A transformative project for London’: The Whiteley’s spectacular grand opening, in pictures
£1.5bn West London scheme arrives in style with lavish 600-guest party; ushers in 'new era' for Queensway.
Key launches, challenges & trends in London’s new homes market
Sales are proving strongest for build-complete homes, and nearly a third of developers are expecting stronger reservation volumes in 2025, reports Anna Ward.
By Anna Ward
LATEST ARTICLES
Former Engel & Völkers chief joins Spain Sotheby’s International Realty
Vivium-owned luxury real estate firm brings in Sven Odia as Executive Chairman, as some ambitious expansion plans take shape.
New private office offers ‘closed-loop’ property service in prime markets
Ben Sloane, formerly of House Collective, teams up with ex-KPMG & PwC man Richard Morris on new London-based venture, The 38 Group.
Regal lodges fresh plans for prominent Avenue Road site
Developer proposes 237 new homes at the long-vacant 100 Avenue Road.
By PrimeResi
Grand Registry: Surveying last month’s biggest registered deals
£24mn whopper goes through in Notting Hill, as the largest transaction lodged with the Land Registry so far this year.
Rental price growth eases to 3.5-year low
'We expect demand for rented homes to continue to exceed available supply in 2025,' warns Zoopla.
By PrimeResi