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.
What to read next
Major players back call for Unique Property Reference Numbers
Over 50 influential property industry organisations - including Savills, Knight Frank, Countrywide and Foxtons - are calling for the introduction of Unique Property Reference Numbers.
Government’s new national design code & Office for Place aim to ‘bring back beauty’
The Government has published a new set of national design standards for property developments, formally introducing the word "beauty" into planning rules for the first time.
Government letter to the housing industry: Carry on building & moving
"House building – and its supply chains that support it - should continue working securely" through the November Coronavirus lockdown, say the Housing Secretary, Home Builders Federation and Federation…
Most read
Deals & Data: London’s £15mn+ market rebounds in blockbuster first half
Record-breaking sales, resurgent international demand and a surprise winner among the capital's super-prime neighbourhoods - but buyers are still calling the shots.
Property Industry Reactions: New PM Burnham installs Downing Street team
UPDATED: Former Defence Secretary John Healey replaces Rachel Reeves as Chancellor of the Exchequer; Angela Rayner returns to the Cabinet as Housing Secretary.
St John’s Wood mansion trades in £29mn deal
Latest NW8 mega-deal revealed in official records.
Knight Frank launches ‘second phase’ of broker recruitment drive
The big-brand estate agency has received 130 enquiries from would-be self-employed brokers so far, with eight being appointed in the last eight weeks.
Knightsbridge developer cuts resi for hotel & spa scheme
RBKC has approved a PLP-designed hotel/spa on Pavilion Road, replacing an earlier mixed-use consent with apartments.
Super-prime buying ‘flurry’ drives London’s £5mn+ market
New analysis reveals how many high-value sales went through in Q2, plus which outer-prime neighbourhood has joined London's top three £5mn+ enclaves for the first time.
Resi developer’s global survey reveals ‘what the world thinks of London’
London Square research finds the capital leading the pack for careers and resi investment, with overseas sentiment more upbeat than the domestic narrative might suggest.
Has Hamilton Terrace become NW London’s hottest address?
The St John's Wood street has notched up almost £100mn of house sales in the past 12 months.
Knight Frank signs new Mallorca agency partnership
Balearic agency boss heralds 'a full-circle moment'.
Veteran sales director joins Douglas & Gordon
Former Aspire, KFH and Fine & Country operator joins London agency's self-employed network.
LATEST ARTICLES
Veteran sales director joins Douglas & Gordon
Former Aspire, KFH and Fine & Country operator joins London agency's self-employed network.
Super-prime buying ‘flurry’ drives London’s £5mn+ market
New analysis reveals how many high-value sales went through in Q2, plus which outer-prime neighbourhood has joined London's top three £5mn+ enclaves for the first time.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Developer reveals another Abu Dhabi mega-project
Mixed-use waterfront scheme on Yas Island will deliver 1,600 new homes, including branded residences.
LeadingRE adds 20 new firms across six continents
Around 500 indie agencies are now signed to the 63-year-old international luxury brokerage network.