'Dramatic' CGT change could impact the resi market, warns law firm
Second home owners, landlords and property investors will have much less time to pay their tax bills as of April next year, notes Royds Withy King, and many may well be tempted to offload any surplus or underperforming properties in advance...
What to read next
Law firm takes down government’s first crack at a reservation agreement
After a sneak preview of the first draft, Hart Brown dismisses the government's latest attempt at fixing the conveyancing system as 'well meaning but sadly way short of what is required'
By PrimeResi
Law Commission sets out a package of ‘radical’ leasehold reforms
Proposed policy overhaul aims 'to provide a better deal for leaseholders who want to purchase the freehold or to extend the lease of their home', while reducing legal costs and helping to prevent unnecessary…
By PrimeResi
What real impact would a public register of beneficial owners have on the UK property sector?
The new draft Bill promises more transparency in the UK property industry, but will it cause headaches for estate agents, solicitors and developers - and will it put off overseas investors?
By PrimeResi
Companies in this article
Royds Withy KingMost read
Finchatton takes on one of Chelsea’s biggest development prizes
Exclusive: Super-prime heavyweight drafted in to steer landmark PCL scheme promising 78 residences with 'world-class' amenities.
Inside St John’s Wood Square: Sales launch at ‘once-in-a-generation’ super-prime project
Portia Fox-designed show apartment unveiled as long-awaited transformation of historic NW8 barracks site hits the market, with pricing revealed for the first time.
Native Land unveils £15.5mn penthouse with one of Marylebone’s biggest roof terraces
In Pictures: Developer rounds off sales programme at well-received PCL scheme with a flourish.
Major developer calls time on London as viability ‘fundamentally broken’
Economic rewards for taking development risk in the capital have 'evaporated,' says housebuilding giant boss.
By PrimeResi
Knight Frank adds more affiliate brokers as enquiries top 170
Agency continues rollout of self-employed model as it targets key territories across South East and West London.
Sotheby’s International Realty rolls out 50th birthday marketing pageant
Luxury property broker brand marks milestone anniversary with an ad campaign, a coffee-table book and a big agent gathering.
By PrimeResi
Have PCL property values turned a corner?
Fresh Savills data suggests the pace of decline is easing across prime markets, as buyers & sellers become 'more aligned on price.'
By PrimeResi
Buyer found for Richmond Park ‘gem’
Picturesque former gate lodge is one of only a handful of private homes tucked away inside the 2,500-acre Royal Park.
New head of sales at Knight Frank Islington
Sophie McCarthy takes the reins after 17 years with the agency.
Savills makes Alpine move as agency battle for ski markets heats up
Latest tie-up in Megève follows recent expansion drives by Knight Frank and Douglas Elliman in the French Alps.
LATEST ARTICLES
Former Knight Frank Private Office partner launches buying agency
Senior figure sets up independent operation focused on high-value acquisitions.
Battersea Power Station secures £280mn refinancing for next phase
Malaysian-backed developer lands fresh finance facility as work begins on Gehry-designed homes and plans progress for the remaining 16 acres.
By PrimeResi
Chancellor backs away from major capital gains tax raid
‘Batshit crazy’ plans to equalise CGT with income tax reportedly shelved, although smaller increases could still be on the table.
Another London agency flags signs of sales market ‘stabilisation’
Chestertons joins other big-name firms in detecting an improvement.
In Pictures: ‘One of Surrey’s most extraordinary country houses’ hits the market at nearly £14mn
Grade I-listed medieval manor - reunited as a single residence after more than 70 years - comes with a moat, 34 acres and Kelly Hoppen interiors.