Mortgage lending dropped sharply as the Stamp Duty holiday ended
"Parts of the market are beginning to normalise after a remarkable burst of activity," comments Savills' research chief, Lucian Cook.
SDLT receipts dip just 6% despite Stamp Duty holiday
HMRC brought in £775m in Stamp Duty receipts in the year to February 2021, £49m less than the £824m recorded in February 2020.
‘Costly & unnecessary’ Stamp Duty holiday ‘not the main cause of house price boom’ – Resolution Foundation
"Stronger forces" than the temporary tax break have been at play in the housing market over the last year, says an influential think tank - which argues that the UK's Stamp Duty holidays have been "problematic…
Stamp Duty holiday deadline is ‘not a dealbreaker for most buyers’, as vaccine set to boost the property market next year
The Stamp Duty holiday "is not a dealbreaker for most buyers (especially at the top end)", says Savills, after surveying 1,300 prime property buyers and sellers.
Most read
Top-end property brokerage rolls out global buying advisory service
UK Sotheby’s International Realty launches dedicated offering for HNWIs acquiring prime property across key international markets.
Interview: Stuart Bennett of Domus Nova on off-market deals, winning UHNW loyalty & the new rules of super-prime
One of London's most successful property agents talks us through his journey to the top, how the luxury market is faring in 2025, and what today's ultra-wealthy clients really value in an advisor.
‘Magnificent’ renovated Gothic Manor in the Cotswolds seeks buyer
This is the first time Stanley Park has been offered for sale as a single residence, following a huge restoration & a rockstar rental.
Echlin signs industry big-hitter Collins as £200mn luxury pipeline takes shape
Mark Collins, the former Chairman of Residential at CBRE, has joined the expanding design & development firm as non-exec director.
Cain taps ex-Six Senses CEO for global luxury investment drive
Major-league investor enlists industry heavyweight Neil Jacobs as it doubles down on high-end real estate.
Hutton Bubear brings in D&G alumna to boost country coverage
Well-known agent Tamzin Incledon will oversee searches in The Chilterns, Oxfordshire and Surrey for the boutique property firm.
Opportunity in the age of reform: On prime lettings & the Renters’ Rights Bill
Rather than undermining the sector, sweeping changes coming down the line will prove a catalyst for evolution, argues Yasmin Ulhaq.
Standout homes in London & East Sussex make Stirling Prize shortlist
Japanese-inspired South London residence & reinvented Hastings house among six projects shortlisted for UK architecture’s top honour.
Survey reveals shifting UHNWI strategies in PCL
Savills poll of leading advisers shows London’s ultra-wealthy reassessing residency amid mounting tax pressures.
LonRes names first Chief Operating Officer
Marketing chief Emma Herriman steps up to new COO role after a decade at the B2B property data platform & network.
LATEST ARTICLES
International luxury brokerage launches, promising ‘a new era of property marketing’
Led by former Nest Seekers boss Daniel McPeake, London-based Aperture Global UK wants to 'set a bold new standard for how prime properties are represented.'
Super-prime St John’s Wood mansion finds a buyer
Trophy home on Hamilton Terrace sold 'within a few months' of being listed at £20mn.
‘There’s a very different energy’: How the Balearic property market regained its rhythm
Amid the political noise, demand for the Mediterranean region's rarefied homes remains fierce - and increasingly focused on year-round living, explains Maria Garde of boutique agency Charles Marlow.
Top-end Edinburgh brokerage rebrands as Scottish prime market expands
The average selling price of a Scottish prime property has topped £1.5mn for the first time, reports Fyndd (formerly known as Prime Edinburgh Property).
Savills names new head of lettings in Henley-on-Thames
James Harrison steps up four years after joining the agency from Hamptons.