'It could've been worse': Property industry reactions to the Autumn Statement 2022
Chancellor Hunt has slashed CGT allowances, time-limited Kwarsi Kwarteng's Stamp Duty cuts, and subjected many more people to the top rate of Income Tax - but the run of tax increases come will come into play in stages over the next few years, meaning less of a shock for the property market.
New Chancellor Hunt reverses most Truss tax cuts
Former Health Secretary Jeremy Hunt has torn down most of Kwarsi Kwarteng's three-week-old tax cuts - but the Stamp Duty cut remains.
Chancellor Hunt hikes taxes; plans to roll back recent Stamp Duty cuts in 2025
Today's Autumn Statement represents 'a substantial tax increase', admits Chancellor Jeremy Hunt, targeting 'those with the broadest shoulders'.
Budget 2021: Property industry reactions
"This Budget could be regarded as a reprieve for the housing industry," says one commentator, while others bemoan an "underwhelming" speech...
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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.
By PrimeResi
Deal sealed on £35mn Scottish Borders estate
One of the biggest country sales of the year completed last week.
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.
By PrimeResi
‘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.
By Jamie Hope
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.
Middle Eastern buyer splashes £10mn on penthouses at new Kensington scheme
Agents say it's the biggest off-plan sales deal in London this year.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Super-prime developer marks construction milestone at £200mn Bishops Avenue scheme
Valouran's flagship North London project is now at full height, due to reach practical completion in 2027.
LATEST ARTICLES
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
Talking Heads: Prime property industry reactions to the Budget 2025
A new Council Tax surcharge for high-value homes is 'probably the least worst outcome for owners of prime property', comments Savills, but market-watchers are less sanguine about changes to landlords'…
By PrimeResi
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
Abrahmsohn on the Budget that spooked a market for no reason
Veteran agency boss skewers Westminster’s 'Keystone Cops' moment, says months of leaks caused far more harm than the measures themselves, and predicts an avalanche of exchanges before Christmas.
International buyer lands £25mn Knightsbridge Gate penthouse
Marquee 6,214 sq ft residence drew multiple offers despite wider market caution.