Londoners paid four times more stamp duty than the national average last year
The most expensive 10% of properties contributed around 60% of all Stamp Duty receipts last year, reports LCP
The average Stamp Duty bill has escalated 490% in the last 25 years
Property price inflation has driven the average SDLT bill in England up from £601 in 1997 to £3,548 in 2021.
Treasury Committee rules out permanent Stamp Duty cut
"Any permanent cut or removal of SDLT would be likely to have a significant cost to the Exchequer," concludes HM Treasury.
Returning Stamp Duty to 2005 levels would galvanise the property market, suggests influential think tank
"Stamp duty has distorted the market to such an extent that the costs of cutting it are far lower than generally realised," suggests the Centre for Policy Studies, led by David Cameron's former housing…
Most read
Buying London ‘axed’ after one season
Netflix show starring Daniel Daggers has reportedly been cancelled.
Trophy Knightsbridge penthouse with rooftop pool hits the market at £80mn
Agency offers up 'once in a lifetime opportunity to own one of the most extraordinary properties in London'
Former Savills & Prime Purchase stalwart launches independent buying agency
Emma Seaton's new venture will focus on the prime markets of the Home Counties.
Super-home project in the Chilterns seeks HNW buyer with vision
Hidden 68-acre site, described as one of Oxfordshire's 'best kept secrets', comes with planning for a 21,000 sq ft Arts and Crafts-inspired mansion.
Native Land MD moves to Henley IM
Jay Squier's appointment comes as Henley plans to accelerate its development pipeline across the UK.
PrimeResi’s back to school briefing: Ten things we learned over the summer
Get back up to speed with the key talking points in prime property over the last few weeks, from the post-election bounce to the pre-Budget blues; the hottest PCL districts to the top-end lettings boom..
Agency reports 80% jump in London corporate relocation activity
Hamptons recently hosted an event for London's top relo agents, highlighting a significant increase in senior exec moves, as well as budgets, in the last year.
Murdoch’s REA considers multi-billion pound Rightmove takeover
Aussie property giant is mulling 'a possible cash and share offer for the entire issued and to be issued share capital of Rightmove.'
Paris, Milan or London? Navigating the future of London’s prime property market
Thomas Moran & Ruth Morris examine whether the UK capital's appeal as a high-end hotspot is really under threat from other European hubs.
Deal sealed on ‘one of the most important private estates in Jersey’
Neo-classical inspired mansion, said to rank among the finest private residences created in Britain in recent years, was guided at £32mn.
LATEST ARTICLES
Berkeley reports ‘stable’ trading; backs ‘ambitious’ Labour housing plan
Influential housebuilder is 'committed to playing its full part in delivering the new homes the country needs'.
Deal sealed on ‘one of the most important private estates in Jersey’
Neo-classical inspired mansion, said to rank among the finest private residences created in Britain in recent years, was guided at £32mn.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Young professionals are ‘flocking’ to the West Country, says buying agency
An influx of new permanent residents since the pandemic 'has changed the dynamic for many towns in Cornwall', says Black Brick.
Porsche unveils branded resi tower in Thailand
In Pictures: Porsche Design's third branded residential development promises to be a 'future landmark' in Bangkok.