Covid support measures for the property market end
The Stamp Duty holiday is over; notice periods on tenant evictions are back to normal, and HMRC's furlough scheme is finished.
NAEA boss warns ‘Covid fatigue’ could force another property market lockdown
"If the sector is seen to be abusing the safety rules, the Government has the right to withdraw its consent to keep the housing market open," warns Mark Hayward, Chief Executive of the National Association…
By PrimeResi
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
End of the Golden Age? UK housing market undergoing ‘structural shift’
JLL forecasts price growth of 2.5% pa for the next five years as UK transitions into 'new paradigm'; PCL to be weakest performing region in 2018...
By PrimeResi
Most read
Autumn Budget ‘to hit 100,000 properties with mansion tax’
Latest rumours suggest a revaluation of homes in F, G & H Council Tax bands is likely.
By PrimeResi
Fatemi & O’Brien named among Sotheby’s top global property brokers
PCL duo achieve top-tier status across brand's 26,100-strong worldwide real estate network.
Strutts continues high-level hiring spree in PCL
Toby Downes has returned to the 140-year-old property agency after holding senior positions with Savills, Redbook & Haringtons.
By PrimeResi
‘Fortune favours the brave’: Inside the Chelsea sale that defied the market
Jamie Hope reveals how a bold pricing strategy on Glebe Place sparked a bidding frenzy and delivered 20% over asking - amid some of the toughest conditions in recent memory.
By Jamie Hope
Luxury developer readying £110mn Belgrave Square ‘giga-mansion’ for market – report
The former HQ of the Royal College of Psychiatrists is being reworked into one of London's grandest private homes, measuring around 22,000 sq ft.
£24mn Notting Hill mansion changes hands in ‘landmark’ deal
Stucco-fronted Grade II-listed Allom masterpiece sells after more than 20 years in the same ownership.
Budget 2025: OBR leak confirms ‘mansion tax’ on £2mn+ homes from April 2028
Office for Budget Responsibility report published early 'in error' - including details of a new Council Tax surcharge on high-value homes.
By PrimeResi
Social Circuit: John Caudwell’s festive drinks reception at Mayfair House
Billionaire entrepreneur, developer & philanthropist hosts a seasonal gathering of political, charity & media figures at his Grade II listed private palace.
Mansion tax modelling flags £13,700 bills for second homes
Hamptons analysis finds over 3,300 £2mn+ second homes exposed to dual surcharges as revaluation looms.
International buyer lands £25mn Knightsbridge Gate penthouse
Marquee 6,214 sq ft residence drew multiple offers despite wider market caution.
LATEST ARTICLES
£10bn Earls Court scheme gets green light from H&F
Borough's unanimous approval marks 'major milestone' for central London's biggest cleared development site.
Required Reading: The Budget 2025 for HNWIs & business owners
Mishcon de Reya's team of tax & legal experts delivers a thorough briefing on the Autumn Budget's key announcements & policy changes - including the new High Value Council Tax Surcharge affecting £2mn+…
OBR cuts housing market forecasts following Autumn Budget
Expectations for residential transaction volumes, house price growth and for housebuilding activity have all been scaled back.
By PrimeResi
What will increased income tax exposure mean for private landlords?
Lucian Cook explains why we could see increasing numbers of small-scale operators heading for the door.
By Lucian Cook
Reeves’ Council Tax Surcharge ‘throws a spanner into the works of the housing market for not much in return’
Following a Budget 'where politics trumped economics', Tom Bill of Knight Frank questions how much the new tax on £2mn+ homes will yield.
By Tom Bill