‘Highly resilient’ residential performance helps push profits up at Savills
Savills' overall Group Revenue increased by 11% in 2017; revenue from the firm's UK residential property business climbed by 4%
Foxtons’ profits tumble by 65%; warnings of another ‘challenging’ year in 2018
Estate agency Foxtons made £41m profit in 2015, but just £6.5m in 2017 - and the current sales pipeline "is below where it was this time last year"
By PrimeResi
Savills strengthens Mayfair & St James’s team
New recruit Nicholas Shaw spent seven years with Harrods Estates, before making a move over to Knight Frank
By PrimeResi
Sales and profits tumble at Berkeley Group
Housebuilder's strategy is 'designed for a high risk cyclical housing market', says boss Tony Pidgley
By PrimeResi
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Talking Heads: Prime property industry reactions to the Budget 2025
A Council Tax surcharge for high-value homes is 'probably the least worst outcome for owners of prime property', comments Savills, but our pundits are less sanguine about changes to landlords' income…
By PrimeResi
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.
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.
International buyer lands £25mn Knightsbridge Gate penthouse
Marquee 6,214 sq ft residence drew multiple offers despite wider market caution.
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.
By PrimeResi
Budget 2025: Chancellor confirms a ‘mansion tax’ & higher rates on property income
High-value homes will face significantly higher Council Tax bills, while landlords will pay a larger share of their property income to HMRC.
By PrimeResi
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.
Specialist country house agency hits £500mn sales milestone
Strutt & Parker alumni Andrew Russell & Ben Bentley’s boutique firm unveils debut TV campaign as it toasts 'remarkable chapter'.
£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.
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