Format: News
Scotland hikes LBTT for second homes in line with SDLT
John Swinney has followed George Osborne's lead, announcing a 3% increase in the Land and Buildings Transaction Tax rate for additional properties in Scotland, such as buy-to-let and second homes.
Britain now has 622,939 ‘property millionaires’
There are currently 622,939 "property millionaires" in Britain, according to Zoopla's latest estimate, 75,796 more than there were in January.
A 14% rise over the last year now means that 2.
Spink inks funding deal for new Knightsbridge project
Topland is making good on its promise to keep lending on London's prime resi projects.
New-build French château becomes ‘the world’s most expensive home’
It's been reported that a monumental château outside Paris has just sold for $301m (about £200m), which would effectively smash the current world record.
Agency reports surge in landlords looking to incorporate
Benham & Reeves has reported a wave of landlords approaching the firm about putting their property portfolio into a limited company in the wake of double whammy changes to mortgage relief and stamp duty.
Resi plans for million square foot Manchester BBC site revealed
Joint venture partners Bruntwood and Select Property have pulled back the curtain on their £360m plans for the former BBC site in Manchester, ahead of a putting in one of the city's biggest ever planning…
Infography: How house prices have changed since 1995
As you may have noticed, house prices have gone up a bit in the last 20 or so years.
‘Signs of recovery are looking good’ as applicant numbers surge – D&G
London's sales and lettings markets are beginning to look healthier, says Douglas & Gordon, as the firm reports that its sales applicant numbers are 50% up on last year's levels, and that it has seen…
Sellar Group puts in Paddington mega-plans
After floating the idea in October, Sellar Property Group has submitted the actual plans for its 31 London Street scheme (now rebranded as Paddington Place).
Topland backs £30m project in Mayfair
Sol Zakay's Topland Group has stumped up £12m in acquisition and development finance to an overseas-based HNWI planning a super-prime resi development in Mayfair.
Developer hit with record £700k planning fine
The biggest planning fine in history has reportedly been handed down to a private developer after a six-storey block of flats went up in Hoxton without permission.
Weston Homes’ profits surge 116% as it steps out of the prime market
Housebuilder Weston Homes has announced that its turnover and pre-tax profits reached a ten-year high, with profits jumping by 116% in the last 12 months.
Turnover stands at £138.