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But major property tax reforms are on the cards longer-term… “Ministers and officials are looking at the tally of winners and losers from the abolition of council tax and stamp duty,” reports the Sunday Times. “They would be replaced with a proportional property tax, levied on the existing values of homes.”
The fine example of Pont Street Dutch, once owned by the Sisley design dynasty, achieved over £4,700 per square foot – even without outside space…
Mixed messages from Whitehall on an extension to the Stamp Duty holiday, as a popular petition forces a debate in the House of Commons.
London & Monaco developer REDD sells its entire 82 Mount Street scheme to a bulk buyer within days of the off-plan sales launch.
The sales market has seen a busy start to the year, although asking prices have dipped in the last month as vendors price competitively.
James McKillop returns to the agency after almost nine years with Knight Frank.
Housing Secretary Robert Jenrick has sided with Mayor of London Sadiq Khan to allow a £250m resi-led development in SW London.
48% drop in transactions marks ‘first official confirmation that fears over unsafe housing are freezing the market’
Housing Minister Kelly Tolhurst has returned to teh back benches following some “devastating” personal news. She has been replaced at the MCHLG by Walsall North MP Eddie Hughes.
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Etive Technologies secures Innovate UK grant to improve identity verification in the resi buying and selling process; ‘very real change will speed up the process and add increased certainty to the transaction’, says Propertymark.
A third national lockdown has deterred just 14% of buyers and sellers from a purchase or sale in 2021, according to a survey of over 10,000 people, with 81% planning to carry on as they planned.