Government rejects CGT & IHT reforms, for now
A proposed overhaul of the Capital Gains Tax regime has officially been shelved by the Treasury.
Government review pitches £14bn CGT hike, potentially doubling rates for second-home owners
There are "a range of areas in which Capital Gains Tax is counter-intuitive and creates odd incentives", says the Office of Tax Simplification in a comprehensive review of the CGT regime.
BoE bumps base rate up to 1.25%
Britain's central bank hikes interest rates again in a bid to curb inflation.
Planning Reform & Levelling Up: What is the government planning to do this year?
Last year's "radical" Planning Bill is long gone, replaced with watered-down reforms that promise local referenda on planning decisions and a few other tweaks.
Top-end property agency to open flagship Mayfair showroom as new owner looks to ‘transform’ luxury market
UK Sotheby's International Realty is rolling out some 'transformative' changes - including three new high-profile locations - designed to 'reshape the way exclusive real estate is bought, sold & rented'…
Shell and core penthouse picked up in sales surge at luxury Westminster scheme
11 units were sold in a seven-day, £32mn flurry at Northacre's The Broadway.
Bayswater ‘well on the way’ to catching up with its prime London neighbours
Values are on the rise in the neighbourhood to the north of Hyde Park, along with its profile, as a trio of 'game-changing' schemes take shape.
JLL buyout creates new estate agency
JLL's offices in Manchester, Leeds and Liverpool are now operating as 'Kingsdene', following a buyout by Louise Emmott, Oliver Dolan and Lynsey Smith.
Chestertons recruits Foxtons’ Ops Director to lead Kensington sales
Seasoned PCL estate agent Ian Barrett has moved from Foxtons to Chestertons on Kensington High Street.
‘One of the capital’s finest residences & a piece of British history’: Ultra-prime Winch-designed penthouse unveiled at The OWO
Buyer sought for 7,700 sq ft 'jewel in the crown' at reworked Whitehall landmark.
DDRE Global signs super-prime specialist from Knight Frank
Former KF partner Jessica Bishop is the latest name to join Daniel Daggers' brokerage-style firm.
American family rents Hampstead ‘castle’ for £250k pa
Estate agency reports a flurry of high-value deals involving American money, including a tenant who paid nearly quarter-of-a-million pounds up-front for this Windsor Castle-inspired home in London.
Boost for Cadogan as property portfolio value tops £5bn
"If 2021 was a year of recovery then 2022 was one where we finally emerged from the long shadow of the pandemic," reports chief Hugh Seaborn.
In Pictures: ‘All-day’ amenities unveiled at Fosters’ Battersea Roof Gardens
New facilities at the giant Battersea Power Station scheme 'reject the traditional layout of the basement gym and spa concept' in favour of a 'renewed, all-day approach to communal residential spaces'
Who run the world? Global luxury property market ‘is undergoing a significant transformation’ as demographics shift
More than half the world's luxury homeowners under 35 are women, according to a new survey.
‘Storm clouds are gathering’ for the property market, warn surveyors
Surveyors are reporting a 'less downbeat pessimistic trend' - but the spectre of more interest rate rises means the market may chill further.
Wealth managers are ‘politically biased, ethically compromising & failing clients’, argue industry insiders
'It is clear that the private wealth industry has to change and to modernise in order to meet the expectations of its own staff and clients, as well as those of society more broadly,' concludes the Progressive…