Grosvenor reports first negative return since the GFC
"Our 2020 financial performance was poor by historical standards, although contextually resilient," says Grosvenor Group's Chief Executive Mark Preston, as the firm swings to a loss.
Property finance heavyweights return to the market as Tuscan Capital
Former Fortwell/Omni team led by Colin Sanders launches a new real estate bridging lender, with investment from Cluttons-backer Quilam Capital
Chestertons hires ex-Foxtons compliance guru as head of operations
Industry 'pioneer' Lori Thompson joins Guy Gittins' 33-branch agency after nearly two decades at Foxtons;
Rightmove takes hit on membership numbers as agencies struggle with cash flow
The UK’s biggest portal has seen a 3.8% fall in its membership base since the start of the year - a loss of 620 agency branches and 135 new homes developments.
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Autumn Budget ‘to hit 100,000 properties with mansion tax’
Latest rumours suggest a revaluation of homes in F, G & H Council Tax bands is likely.
Fatemi & O’Brien named among Sotheby’s top global property brokers
PCL duo achieve top-tier status across brand's 26,100-strong worldwide real estate network.
Strutts continues high-level hiring spree in PCL
Toby Downes has returned to the 140-year-old property agency after holding senior positions with Savills, Redbook & Haringtons.
‘Fortune favours the brave’: Inside the Chelsea sale that defied the market
Jamie Hope reveals how a bold pricing strategy on Glebe Place sparked a bidding frenzy and delivered 20% over asking - amid some of the toughest conditions in recent memory.
Luxury developer readying £110mn Belgrave Square ‘giga-mansion’ for market – report
The former HQ of the Royal College of Psychiatrists is being reworked into one of London's grandest private homes, measuring around 22,000 sq ft.
£24mn Notting Hill mansion changes hands in ‘landmark’ deal
Stucco-fronted Grade II-listed Allom masterpiece sells after more than 20 years in the same ownership.
Budget 2025: OBR leak confirms ‘mansion tax’ on £2mn+ homes from April 2028
Office for Budget Responsibility report published early 'in error' - including details of a new Council Tax surcharge on high-value homes.
Social Circuit: John Caudwell’s festive drinks reception at Mayfair House
Billionaire entrepreneur, developer & philanthropist hosts a seasonal gathering of political, charity & media figures at his Grade II listed private palace.
Mansion tax modelling flags £13,700 bills for second homes
Hamptons analysis finds over 3,300 £2mn+ second homes exposed to dual surcharges as revaluation looms.
International buyer lands £25mn Knightsbridge Gate penthouse
Marquee 6,214 sq ft residence drew multiple offers despite wider market caution.
LATEST ARTICLES
£10bn Earls Court scheme gets green light from H&F
Borough's unanimous approval marks 'major milestone' for central London's biggest cleared development site.
Required Reading: The Budget 2025 for HNWIs & business owners
Mishcon de Reya's team of tax & legal experts delivers a thorough briefing on the Autumn Budget's key announcements & policy changes - including the new High Value Council Tax Surcharge affecting £2mn+…
OBR cuts housing market forecasts following Autumn Budget
Expectations for residential transaction volumes, house price growth and for housebuilding activity have all been scaled back.
What will increased income tax exposure mean for private landlords?
Lucian Cook explains why we could see increasing numbers of small-scale operators heading for the door.
Reeves’ Council Tax Surcharge ‘throws a spanner into the works of the housing market for not much in return’
Following a Budget 'where politics trumped economics', Tom Bill of Knight Frank questions how much the new tax on £2mn+ homes will yield.