Format: News
SDLT surcharge raises extra £2bn
The Government has raked in an extra £2bn in stamp duty thanks to the 3% surcharge on additional homes, according to new analysis by accountants Blick Rothenberg.
In Pictures: Henley’s boutique luxury renovation scheme in South Kensington
Henley Space, the residential arm of Henley Investments, has launched a 12-unit luxury boutique development in South Kensington to the open market, after offering the whole project as a done deal for £43m…
US regulators ramp up scrutiny of luxury resi deals
The US Financial Crimes Enforcement Network is putting high-end real estate transactions further under the microscope in a bid to stamp out dodgy dealings.
Deutsche AM backs Clivedale’s Hanover Square scheme with £55m loan
Super-prime developer Clivedale has secured a £55m loan from Deutsche Asset Management to fund its forthcoming mixed-use scheme at No.22 Hanover Square.
Prime Central London stabilises, but it’s a divided market – JLL
There are "signs of stabilisation" in the Prime Central London sales arena, says JLL, as it reports growing transaction numbers and prices "holding firm" for the bulk of the market through the first half…
HBA builds design team with senior hires
Super-prime design firm HBA Residential has hired two Design Directors as part of its big European push.
Big-hitters bag Buckingham Palace refurb roles
Six major firms have picked up contracts on the most prestigious refurbishment gig going.
PCL values show signs of bottoming out – Cluttons
There's been a "marked slowdown in the rate of decline in house prices" across Prime Central London, reports Cluttons, with an 11% jump in the number of viewings conducted by the firm indicating that things…
London house prices and household incomes: Borough-by-borough ratios
Kensington & Chelsea is the most expensive place to own a home in London, says Cluttons after totting up house price-to-earnings ratios across the capital.
RBKC to spend ‘tens of millions’ on buying homes for Grenfell survivors
Kensington & Chelsea Council is apparently gearing up to spend "tens of millions" on buying homes across the borough for survivors of the Grenfell Tower disaster.
No crash in sight, but London property prices ‘may remain stalled for years’
"A serious crash is unlikely" in Prime Central London, according to a poll of 14 leading economists by Bloomberg News, although property prices "may remain stalled for years".
Brits are ‘generally hostile’ to new-build homes
Government policy should focus more on restoring and renovating "traditional" properties, rather than on building more new homes - according to some research by a bridging lender, which concludes that…