‘Holiday homes loophole’ to cost councils £170mn this year
'The problem is not second homeowners, it is politicians failing to understand the issues and having the courage to do something about it,' says top property agency.
Four things the Paradise Papers tell us about global business and political elites
Relatively few Americans or Europeans were caught up in the Panama palava, but this latest mega-leak is a different story...
By Ronen Palan
Holiday home tax loophole is ‘a scandal’, says Colliers
The current system allows many second home owners to avoid both council tax and business rates
By PrimeResi
Coastal homes & communities could be swamped by rising sea levels within 80 years
A one-metre increase in sea levels could happen within a generation, warns the Committee on Climate Change, putting millions of homes at risk and wiping out many of Britain's most coveted waterfront locations…
By PrimeResi
Companies in this article
Colliers InternationalMost read
In Pictures: £24.75mn show apartment unveiled at luxury Mayfair scheme, 60 Curzon
A flurry of sales have been finalised at the Art Deco-influenced project in recent months.
Luxury agency UK Sotheby’s International Realty launches property buying arm
The London-based brokerage has already signed up private clients with a combined £300mn to spend on high-end homes in 2025.
Buying agency flags ‘window of opportunity’ for house-hunters
It's shaping up to be a busy winter season for the property market, suggests Recoco.
By PrimeResi
High-flying agent joins Harding Green in Clapham
Catherine Wilson previously worked at Douglas Elliman in New York, and ran sales for the King's Cross & Battersea Power Station developments in London.
By PrimeResi
Ending non-dom tax breaks has cost £140mn in ‘lost’ Stamp Duty revenue, claims agency
Knight Frank believes speculation over tax changes caused a 'shortfall' of 142 high-value property sales since March, resulting in a 'theoretical loss' in revenue for HMRC.
By PrimeResi
Global branded residences sector to double in size over the next seven years, predicts agency
Demand for high-end branded product is showing no signs of slowing down, reports Savills, revealing another 60 names are poised to enter the space by the end of the decade.
In Pictures: Paolo Moschino-designed mansion in St John’s Wood seeks £40k per week
Palatial 10,700 sq ft residence has been kitted out with an array of 'indulgent' amenities, including an Annabel's-esque private club room.
Luxury Property Forum founder announces global ambitions
In Pictures: Priya Rawal hosts the LPF Christmas Soiree at Ginza St James's.
By PrimeResi
Rightmove predicts 4% growth for asking prices in 2025
Bullish forecast comes despite a 'larger-than-normal seasonal slowdown in pricing as we head towards Christmas'.
By PrimeResi
Foreign buyers shift focus in UK property market amid changing trends & taxes
The proportion of overseas buyers has risen to 27% in London, new stats show, with Asian investors at the forefront.
LATEST ARTICLES
Hamptons recruits SW London specialist
Russell Gooden has been named as the agency's new Head of Sales for Richmond, East Sheen, Kew & Barnes.
In Pictures: Design studio completes ‘spectacular’ Nine Elms penthouse project
1508 London delivers a lesson in 'soft minimalism' with this ethereal creation for an international client.
Foxtons reports ‘a notable increase’ in London rental supply
The capital's lettings market is 'defying the typical seasonal slowdown,' says agency.
By PrimeResi
Mandarin Oriental debuts branded residences in Abu Dhabi
Property developer Aldar has launched sales at Abu Dhabi's first Mandarin Oriental Residences.
By PrimeResi
In Pictures: Manchester’s ‘most expensive completed penthouse’ seeks £3.5mn
'Our Viadux penthouses bring to Manchester’s prime city centre a level of quality and sophistication that’s usually only seen in London,' says Salboy chief Simon Ismail.
By PrimeResi