Is it time to view stamp duty from an economic rather than a political perspective?
If a stamp duty holiday is designed to help kick-start the economy, is that not a tacit acceptance of its flaws as a tax, asks Tom Bill...
Tom Bill is Head of UK Residential Research, producing reports that include Knight Frank’s flagship Prime Central London indices, the Super Prime London Insight and the London Residential Review. He has written detailed reports on London sub-markets and contributes to The Wealth Report and Global Cities report. Tom, a former Bloomberg and Reuters property journalist, is a regular media contributor on the London property market and has presented at events in Europe and the Middle East.
What to read next
Former Housing Minister Mark Prisk on political football, Stamp Duty & the Chancellor’s challenge
Interview: Government should tackle the issue of stamp duty for "last-time movers", former Housing Minister Mark Prisk tells Knight Frank's Tom Bill.
By Tom Bill
Why the end of the stamp duty holiday is a good thing for the UK property market
Introducing a stamp duty holiday at the height of the pandemic was commendable but it has over-stayed its welcome, writes Tom Bill…
By Tom Bill
Property exchanges were up 57% in January – will the stamp duty holiday be extended?
As MPs prepare to debate a petition to extend the stamp duty holiday by six months, it’s worth keeping an eye on two pieces of data that will play a crucial role in the eventual decision, says Tom Bill...
By Tom Bill
Companies in this article
Knight BuildMost read
Arts & Crafts gem on Kensington Palace Gardens reborn as six ‘world-class’ residences
Luxury developer REDD unveils set of super-prime homes following ambitious five-year restoration of Philip Webb-designed landmark.
‘New strategy’ drawn up for 15,000 sq ft Belgravia trophy
Three-building spread could be transformed into one of PCL’s most valuable private residences.
£12.25mn Chester Square townhouse finds buyer after agency switch
Boutique firm seals super-prime Belgravia deal after two previous agents had marketed the property.
‘The penny has dropped’: London’s supply of supersized apartments is drying up
‘Signs of urgency’ emerge around the capital’s top schemes as new figures reveal how Westminster’s size limit is reshaping the super-prime landscape.
Savills completes £170mn townhouse run at Chelsea Barracks
Contracts exchanged on £40mn Banda-designed residence, rounding out sales at Mulberry Square.
Savills makes key resi hire in Dubai
Greg Stockton is on board to link UK developers with investors, wealth managers and adviser in the Middle East.
By PrimeResi
Green light for £2bn Vauxhall Square mega-scheme
Pilbrow & Partners' 69-storey Vauxhall regen project squeaked through Lambeth's Planning Committee.
By PrimeResi
Billionaire financier quits UK tax residency – but keeps massive Wiltshire mansion restoration project
One of Britain’s biggest taxpayers is reportedly relocating fiscal affairs overseas.
By PrimeResi
Seasoned Savills director moves to broker-model agency
David Johnston spent the last 21 years with Savills in Kent.
By PrimeResi
Six months to challenge mansion tax valuations
Fresh details emerge on HVCTS roll-out as HMRC drafts in 300 extra staff, with up to 200,000 homes potentially in scope.
LATEST ARTICLES
Picky buyers & patchwork performance: The state of Prime Central London in 2026
Fresh data and charts reveal differing fortunes across the capital’s luxury property heartlands - and offer some pointers as to what happens next.
US brokerage giant launches global division for cross-border property deals
Compass rolls into international markets including the UK with new agent network.
By PrimeResi
Martin’s Properties installs new CEO
Former St Modwen MD succeeds Richard Bourne at the £400mn family-owned property business.
By PrimeResi
Greenwoods hires senior resi duo from Withers and Forsters
'Amalie & Poornima are as good as it gets when it comes to lawyers for high-value, complex, residential property,' says the firm's resi chief.
By PrimeResi
Knight Frank opens new office in Derbyshire
New Sales Director tasked with growing agency’s market share across the region.