‘It is inevitable that at some point some of our communities will have to move back from the coast,’ warns Environment Agency chief
"Climate change is happening now, and its impacts will continue to worsen. Rainfall patterns are changing, causing more frequent flooding, and while we continue to protect and prepare coastal communities from rising sea levels, it is inevitable that at some point some of our communities will have to move back from the coast," says Sir James Bevan, Chief Executive of the Environment Agency, as a new plan is launched to protect more UK homes from flooding.
Coastal communities ‘may need to build back to better places’ away from flood zones, warns Environment Agency
“We’re going to have to keep assessing whether we can, as a whole, as a country, afford to protect different parts of the landscape," says EA chief Emma Howard Boyd - suggesting the some communities…
Coastal communities may have to move, warns Environment Agency in stark flood risk assessment
'In some cases, the scale of flooding or coastal change may be so significant [that it] may mean potentially moving communities out of harm’s way in the longer term'
By PrimeResi
In Pictures: Scottish private island with C17th mansion hunts for a new owner
Savills is looking for offers over £1.75mn for The Isle of Vaila in the northernmost part of the UK. The 757-acre private island features a castellated mansion, farmhouse, cottage, watchtower, and 6.
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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…
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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.
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.
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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: 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.
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.
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