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.
Extending the Stamp Duty holiday could double the rate of house price inflation in 2021, predicts agency
"The prime and super-prime markets will continue to break away from the core housing market" in the coming year, forecasts Jackson-Stops.
10% more property sales were agreed in 2020 than in 2019
The sales market has seen a busy start to the year, although asking prices have dipped in the last month as vendors price competitively.
Prime London saw 12% more £5m+ property sales in 2020 than in 2019
Surprisingly high prime sales volumes are "a clear demonstration of confidence in London as a leading world city," says Savills.
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‘Significant evolution’ across estate agency business includes new performance incentives, as 130-year-old firm looks to 'provide visibility over earning potential'.
Ranked: Britain’s top 10 prime & super-prime property agencies by market share
Savills leads for £1mn+ listings, but is just pipped by Knight Frank in the super-prime arena, according to a specialist marketing firm's analysis.
Trio of agents appointed to lead sales at REDD’s One Palace Green
Super-prime resi scheme overlooking Kensington Palace Gardens is set to complete this summer, delivering a collection of top-end apartments priced from £15mn.
St John’s Wood Square marches towards launch, hitting major construction milestone
The former barracks site in NW London is being transformed into a 120-home super-prime scheme by a team led by Sir George Iacobescu.
Knight Frank doubles down on super-prime lettings amid ‘surging’ top-end demand
Agency appoints new Co-Head of Super Prime Lettings for PCL as globally mobile UHNWIs continue to drive activity above £5,000 per week.
Rich List 2026: Britain’s 50 wealthiest property tycoons
Annual rundown of Britain’s richest families and individuals puts combined wealth at £784bn - up slightly on last year - but shows more UHNWIs are now based overseas.
Top-end brokerage tests auction route with Grosvenor Square penthouse
Mayfair duplex once asking £22mn returns with an £11.5mn opening bid via a rarely used super-prime sales process.
After Starmer: Becky Fatemi on the property stakes in Labour’s leadership contest
The UK does not need to be the lowest-tax country to attract wealth, but it does need to feel steady, warns luxury brokerage chief as buyers & sellers brace for renewed uncertainty.
Battersea tower decision ‘extremely disappointing’, says developer
Appeal dismissed over controversial Farrells-designed scheme beside Battersea Bridge; Rockwell laments rejection of ‘great addition to London’s skyline’.
‘Truly best-in-class’ Eaton Place trophy seeks £37.95mn
Agents are billing this Belgravia behemoth as the 'pinnacle of London luxury living'.
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