Location: London
INFOGRAPHIC: ‘The Mansion Tax Trap’
The peeps over at Property Division have had a bash at an ambitious Mansion Tax visualisation, showing the extent to which each London borough would be affected by Labour's proposed new levy.
Prime Property of the Week: Super-prime, US-style
Penthouse, 432 Park Avenue, New York
$76.5m (£47.72m)
This is how the USA does super-prime.
Bridging the Gap: How The Thames’ three new bridges can change the prime map
Three new bridges across the Thames "can galvanise their north and south banks" says buying agency Garrington as St James's Riverlight development in Nine Elms welcomes its first residents.
Talking Heads: On the real meaning of ‘luxury’
Thanks to years of overuse, the term 'luxury' is arguably the emptiest word in the lexicon of prime property. So how do experts at the top end of the market define luxury these days?
Prime London prices to stay put for the rest of the year as supply levels ‘soar’
It's the end of the rise for prime central London's property prices, says Marsh & Parsons.
Q3 saw prices struggle up by just 0.5% as supply levels jumped by 13%.
Foxtons suffers as sales volumes slump
The second half of this year "will be significantly below levels during the same period last year" warns Foxtons, as its Q3 turnover drops.
Private housing drives construction growth
"A sharp rise" in private housing activity has pushed up construction workloads at the fastest rate since 1994, says the RICS.
Quintessentially Estates unveils new branch and major expansion plans
Top-end acquisition outfit Quintessentially Estates has cut the ribbon on its latest sun-soaked outpost and revealed plans for a significant expansion of the business in 2015.
Buy-to-let Index launches; shows that ‘BTL is not always a great investment’
EC3, WC1 and WC2 are the top three postcodes in the UK for buy-to-let investors, reveals LendInvest in its inaugural Buy-To-Let Index.
£300m? That wouldn’t even pay for a new NHS logo!
Going by Ed Balls' latest figures, it's unlikely that the proceeds raised from a Mansion Tax would make any meaningful contribution to an organisation that requires £100 billion a year to run, says…
Transactions numbers drop by nearly 5%
Transactions dropped by nearly 5% between August and September, according to the latest batch of stats from HMRC.
The seasonally adjusted estimate of the number of residential transactions fell by 4.
JLL backs new top council tax band
JLL, which recently teamed up with WA Ellis, has come out swinging at Labour's latest plans for a Mansion Tax, choosing to back the Lib Dem's modified version - a "pragmatic and deliverable" new top Council…