Format: News
Revealed: How much the new ‘mansion tax’ will cost before implementation
The incoming High Value Council Tax Surcharge is likely to cost 'almost £400mn before a penny is collected' - then generate around £1.4bn for the national coffers in its first three years of operation.
‘Absolutely brutal pricing’ now the only way to get activity, says top PCL agent
Winkworth flags 'major reset' as market adjusts to a new reality.
Lai among senior hires as UK Sotheby’s bolsters PCL line-up
Brokerage's recruitment drive continues as top-end operators join from firms including YOUhome and Chestertons.
International demand for UK homes has dropped 10% in the last year
American interest has climbed as European demand dwindled and Middle Eastern buyer numbers dropped sharply.
Property sector trade body merger completes
Real Estate:UK has been created from the Association of Real Estate Funds, the British Property Federation, and the Investment Property Forum.
Knightsbridge townhouse with Royal connections & Versailles-inspired interiors seeks £8.25mn
Selling agents say this former sculptors' studio 'has the potential to be one of the finest residences in Knightsbridge.'
Top-end agency brand reports ‘strong Q1’ across UK & international markets
Fine & Country hired 96 new people between January and March, including 46 based in the UK.
Landlord exodus ‘overestimated’ says property portal as major rental reforms come into play
Yet data from both OnTheMarket and Savills confirm a clear rise in sales of former rental homes.
‘Luxury assets may be about to turn a corner’ – Knight Frank
The global luxury investment market appears to be stabilising after a 'volatile decade' for art, wine, jewels and the like.
Industry Reactions: Mortgage lending is running above the six-month average
Fresh Bank of England data shows increases in both new approvals and total lending in March, which one pundit says demonstrates 'an underlying resilience to the housing market.'
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
‘This is not the time to put on a brave face’: London property advisor urges financial candour from homeowners
Farnaz Fazaipour has some advice for HNW home-owners who 'bought into the hype cycles' of 2005, 2007 & 2014.