Los Angeles Times: L.A.’s rich are already scheming ways to avoid new ‘mansion tax’
'Rich people are very clever,' says a real estate broker in California. 'They know how to manage cash, and they have time to look for loopholes.'
LA residents to vote on ‘mansion tax’ to tackle housing inequality
A vote on Tuesday could introduce a new transaction tax on sales of homes and property above $5mn in La La Land.
LA to implement ‘mansion tax’ of up to 5.5%
58% of Los Angeles residents voted for a new levy on property transactions above $5mn.
Bloomberg: Swiss Wealth Tax rakes in cash as Covid stokes global debate
"Switzerland’s wealth tax offers a rare real-world example of how a levy on assets can work, just as such ideas gain traction elsewhere in the wake of the coronavirus crisis," writes Bloomberg journalist C…
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Interview: Luxury property impresario Dean Main on building a £600mn development pipeline & managing £12bn of PCL schemes
Talking legacy developments & top-end trends with the boss of Henigman & Rhodium.
‘A radical metamorphosis’: Seven-star new-builds dominating Mayfair sales market after luxury building boom
High-end new-builds accounted for more than two-thirds of sales in the iconic neighbourhood last year.
£36mn price tag for ‘sensational’ double-house in Kensington
Laterally-converted super-home on Cottesmore Gardens 'simply couldn’t be recreated these days'.
Boutique PCL agency Wilfords expands with new branch in SW London
The Kensington-based firm was founded by ex-Foxtons agents Geoff Wilford and Simon Welfare in 2011.
London’s regen zones have boosted neighbouring house prices by an extra 2.2% a year, on average
As the Government announces 12 new 'potential Canary Wharfs' around the UK, CBRE has assessed how London's big regen projects have affected neighbouring property values.
Jane Austen’s Hampshire birthplace offered for £8.5mn
Celebrated novelist Jane Austen lived in the original Steventon House for 25 years, and wrote three of her most famous works there.
Developers unveil new vision for Notting Hill’s Newcombe House
Beltane and Angelo Gordon are pursuing an office-led approach to the redevelopment of a prominent site on the corner of Notting Hill Gate and Kensington Church Street, rather than an already-consented…
In Pictures: One of the best houses on Eaton Square, asking £39.5mn
10,000 sq ft mansion has a prize spot on London's most prestigious garden square, and is attracting interest from all around the world.
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Interest rates rise again, to 4.25%: Industry reactions
The Bank of England's Monetary Policy Committee has raised the base rate for the 11th month in a row.
In Pictures: Three-year project creates a ‘sophisticated’ 17,000 sq ft country estate in Surrey
Helen Green Design collaborated with the 'very best artisans, joiners and suppliers in the industry' on this sumptuous reworking.
Price sensitive buyers’ market across most of the UK – Garrington
'The spring market is likely to be markedly different from the conditions experienced just a year ago, but nonetheless much improved from what was being forecasted at the end of last year,' says national…
New agent tool will flag properties at risk from climate change
Data aims to help property pros assess the potential impact of flooding, subsidence, heat stress and coastal erosion.
Precede Capital adds two new faces
Real estate development lender has recruited a new Associate Director from Green Street, and a Senior Associate from Reed Smith.