Details of next year’s non-resident SDLT surcharge published
The 2% foreign buyer levy "may help to control house price inflation, by leading to a reduction in residential property purchases by non-UK residents," suggests HM Treasury.
Budget 2020: Non-UK residents to face 2% SDLT surcharge from April 2021
Chancellor Rishi Sunak has confirmed a new property levy for foreign buyers, alongside a huge infrastructure spending plan and a suite of measures to ease the impact of the Coronavirus epidemic.
By PrimeResi
Developers contribute £6bn a year to community infrastructure projects
New CIL reforms mean local councils now have to declare developers' contributions and how levies are spent
By PrimeResi
Treasury floats SDLT holiday as part of Coronavirus recovery measures
Rumours are circulating of a Stamp Duty holiday up to £500k.
By PrimeResi
Most read
Chelsea estate reportedly trades in £270m-plus off-market deal
Sale of historic SW London mansion is thought to rank among the most expensive ever recorded in the UK, and potentially globally.
Strutts bolsters Knightsbridge & Belgravia team with double hire
Heritage estate agency adds high-end specialists from Chestertons & Carter Jonas as PCL push continues.
Strutt & Parker refreshes brand as growth push gathers pace
140-year-old firm’s marketing overhaul aims to 'move the brand into a more premium space' amid ongoing hiring and broker push.
Opinion: Finchatton’s Andrew Dunn on London’s resilience in a changing world
The top-flight super-prime developer shares insights on demand, sentiment amid uncertainty, and what still drives HNW decision-making.
By Andrew Dunn
Behind closed doors: When big egos derail super-prime property deals
From hedge fund titans to media moguls, seasoned buying agent Saul Empson reflects on the real cost of bad behaviour.
By Saul Empson
Ant Yapi appointed at Holland Park Gate
The international contractor will deliver Phase Two of Lodha UK's super-prime project opposite the Design Museum.
By PrimeResi
Inside Foxtons: Sales reset, stress tests & the shift to recurring income
Estate agency reveals fresh detail on sales strategy, downside scenarios and senior pay in latest company filings.
In Pictures: ‘Extraordinary’ double chalet in Gstaad goes under the hammer
The 'exceptionally rare' property features two independent ski-in chalets with 'resort style' amenities.
By PrimeResi
Inside Branded Residences: A playbook for global property developers, brands & operators
In-depth & invaluable insights into the trends, mechanics & real-world business of the international branded resi sector, written by the teams at Global Branded Residences and Watson Farley & Williams.
By Riyan Itani
In Pictures: Qatari Diar & CWG open final resi phase at £1bn Southbank Place
'Intentionally understated' apartment block completes a decade-long prime London redevelopment project.
By PrimeResi
LATEST ARTICLES
Opinion: Why London remains the natural home for global trophy buyers
Demand is returning to north London’s top-tier enclaves as Middle East tensions rise and pricing resets, reports agency boss Trevor Abrahmsohn.
Luxury Mayfair scheme chalks up deals as turnkey demand holds firm
Agents report ‘sustained appetite’ at Reuben Brothers development despite market headwinds.
UK Sotheby’s teams up with Sports World on big-ticket lettings
Tie-up results in ‘landmark’ transactions in Highgate and North Surrey.
London property prices have climbed by an average of 1.3% a year over the last decade
Central London areas have significantly underperformed outer boroughs in price growth terms.
By PrimeResi
Six ways the new High Value Council Tax Surcharge could change the luxury property market
From shifts in pricing and transaction levels to new-build activity, the OBR has released fresh forecasts for how the prime resi market could be affected by 2028's new annual levy.
By PrimeResi