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.
What to read next
‘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…
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.
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
Changing of the guard at Knight Frank’s National Country Department
‘Stan’ Matthews steps up to lead £400mn-a-year operation after 23 years with the agency.
Warwick revives 1880s Notting Hill terrace as luxury resi scheme
Four top-spec residences will be released to the market throughout the autumn.
Billionaires’ Row mansion changes hands for £30mn
Official records reveal big-ticket resi deal on one of north London's most famous addresses.
Knight Frank appoints new Group CFO
'Knight Frank is primed for growth and I am looking forward to helping deliver this,' says Chris Davis.
By PrimeResi
In Pictures: $157mn trophy estate emerges from ‘one of the most iconic renovations in Palm Beach history’
This newly-completed 27,000 sq ft waterfront compound comes with 15 bedrooms, a sunken clay tennis court, private theatre and boat lift.
US buyer lands super-prime pied-à-terre at The Whiteley
PCL buying agency sources off-market 3,000+ sq ft apartment at landmark Bayswater scheme, amid signs of 'real momentum' returning to the prime London market.
Non-dom exodus could be costing Treasury £4bn a year, claims top wealth lawyer
Stephenson Harwood’s James Quarmby says it’s the wealthiest departures that matter - and warns they aren’t being replaced.
High-profile royal mansion heading for the private rental market?
Former home of Andrew Mountbatten-Windsor has 30 rooms and is said to cost £400k-a-year to run.
‘The best projects have a soul before they have a spreadsheet’: In conversation with YOO Group founder John Hitchcox
The property entrepreneur who helped pioneer loft living and branded residences talks London’s overlooked hotspots, buyer trends, the next big shift in the sector - and the best investment he ever made.
‘Ever increasing taxes cannot continue’: Charles Curran on fear, flight & the changing PCL market
The Maskells boss weighs up the impact of tax uncertainty on prime London – and spots an opportunity amid the gloom.
LATEST ARTICLES
US buyer lands super-prime pied-à-terre at The Whiteley
PCL buying agency sources off-market 3,000+ sq ft apartment at landmark Bayswater scheme, amid signs of 'real momentum' returning to the prime London market.
Gordon Brown: Property is already ‘taxed quite heavily’
Former PM and stamp duty architect weighs in on the wealth tax debate - and warns policymakers to be ‘very careful’ about pushing fleet-footed UHNWIs too far.
My Property Career: Quickfire Q&A with Natalie Malka
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Strutt & Parker names new regional Head of Estates & Farms
Fred Cook has returned to the firm after four years with Prime Purchase.
By PrimeResi
‘A mansion-sized exercise in mindless and needless bureaucracy’: Abrahmsohn on the High Value Council Tax Surcharge
Glentree boss takes aim at the valuation ‘cliff edges’, appeals and red tape surrounding the incoming £2mn-plus property levy.