Government unveils detailed blueprint for new high-value homes levy
Consultation sheds light on how England’s so-called ‘mansion tax’ could work in practice - including key timelines and a potential premium for overseas owners.
What to read next
Rumourmill: Reeves mulls new property levy to replace stamp duty
Treasury said to be weighing charge on £500k+ homes, with council tax overhaul also on the table.
From sweet spots to sticking points: How property taxation is reshaping the UK’s prime markets
IN DEPTH: Analysis by Yolande Barnes and Middleton Advisors points to widening gaps between high-friction and low-friction parts of the market - and the implications for pricing and liquidity.
Six ways the new High Value Council Tax Surcharge could change the luxury property market
From shifts in pricing and transaction levels to new-build activity, the OBR has released fresh forecasts for how the prime resi market could be affected by 2028's new annual levy.
By PrimeResi
Most read
Luxury brokerage declares £1.3bn in H1 sales
Overseas buyers accounted for 52% of the UK agency's deals, while new instructions topped £2.3bn.
Knight Frank brings in ex-CBRE director for new board-level role
Agency appoints Mike Knowles as Head of Lettings Business Development as part of wider lettings restructure.
Cluttons appoints top market analyst to lead resi business
Well-known research chief and former journalist steps up to lead major agency's residential division.
Art Deco gem in Notting Hill sells in off-market deal
'Landmark' £16mn residence was once owned by legendary soul singer Dusty Springfield.
Financial Times: Is Rightmove taking us for a ride?
Influential journalist Jonathan Guthrie investigates the property portal's dominance, fees & standing in the industry.
By PrimeResi
UK Sotheby’s launches US buyer advisory
Veteran broker Jim Bell joins the Mayfair-based firm to help wealthy Americans navigate the UK's prime resi market.
In Pictures: Grosvenor Square emerges from £25mn redesign
Mayfair's historic public gardens to re-open after a significant revamp.
By PrimeResi
Lucian Cook: Tax speculation returns but all of the complexities remain
Despite much chatter, 'the matter of whether [Andy Burnham] would pursue a substantial overhaul of property taxation remains one of conjecture,' counsels the Savills research chief.
By Lucian Cook
Major agency reports ‘more uneven’ trading as uncertainty weighs on confidence
Winkworth says H1 sales remained resilient while lettings were largely unaffected by the Renters' Rights Act.
By PrimeResi
Rare St George’s Hill plot goes for record sum
Agents seal off-market deal for unconsented site after three-year pursuit.
LATEST ARTICLES
‘Streamlined’ draft London Plan targets housebuilding & climate resilience
35% affordable homes fast-track threshold returns for over a third of boroughs.
By PrimeResi
RIBA Stirling Prize 2026: The shortlist in pictures
A 'restrained' family home near London has made the coveted architecture award shortlist, alongside striking infrastructure, housing and education projects.
By PrimeResi
Damac launches final phase of ‘world’s first football-branded residences’
Chelsea FC-branded towers in Dubai feature a rooftop football pitch and a blue-sand beach.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Maybourne picks marketing agency for branded resi drive
London-based firm lands hotelier's global brief.