Format: News
Tory MP urges abolition of Stamp Duty and Council Tax; backs calls for a proportional annual property levy
"Replacing council tax and stamp duty with a proportional property tax is the right thing to do for millions of people up and down the country," argues John Stevenson MP.
Hotel magnate’s Bahamas penthouse hits the market
Marquee residence with the best views on Paradise Island was the former home of South African tycoon Sol Kerzner.
Prime London ‘buying frenzy’ cuts price discounts & sales times
Q4 saw the average prime London property price rise by 3.6%, according to Coutts bank, taking it back to roughly the level seen just before the pandemic struck the UK.
Allsop lines up 245-lot sale in ‘final chance to take advantage of the stamp duty holiday’
February catalogue contains 14 more lots than this time last year.
Ultra-prime London developer opens doors to Ch5 TV crew for ‘Poshest Sleepover’ show
K10 Group's Kam Babaee will welcome former Coronation Street actress Sally Lindsay into his family home and an ultra-prime Mayfair development project for a new Channel 5 TV series.
Top design studio launches country projects division
London-centric interior design studio Rigby & Rigby has launched a new division, dedicated to the construction and delivery of super-prime country homes.
‘British house prices will flatline this year’ – Reuters
The latest Reuters poll of property market pundits predicts 0% growth for average London and UK property prices in 2021.
Avanton recruits ex-JLL & Savills staff for new in-house sales & marketing team
Developer announces raft of new hires including former JLL sales manager Victoria Lauri and former Savills marketing manager Olivia Caplan.
Half as many property sales were liable for Stamp Duty in Q4 compared to 2019
Just one third (34%) of residential transactions were liable for Stamp Duty in Q4 2020, compared to two-thirds (66%) in Q4 2019. The Stamp Duty holiday has caused a 22% year-on-year drop in tax receipts.
Berkeley to turn west London industrial site into ‘one of the most biodiverse neighbourhoods in the UK’
Developer kicks off sales at ‘nature-led’ 88-acre scheme in Ealing, almost half of which will be given over to green space.
Bond star’s €30m French Riviera mansion is now half price
Villa Le Roc Fleuri, the long-time former home of Sir Sean Connery, has been reduced to €15m after failing to find a taker.
Estate agency group accused of insufficient action over data breach
A newspaper has suggested that personal and financial details of thousands of Foxtons Group customers are available on the "dark web".