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
Knight Frank launches self-employed broker network
The 130-year-old estate agency has identified 36 London patches for affiliate brokers, as it looks to expand its sales coverage.
By PrimeResi
Harrods Estates to shutter operations after 130 years
High-profile luxury agency, founded in 1897 and a fixture of the Prime Central London market, has closed its Knightsbridge office and is no longer accepting new enquiries.
Savills snaps up top-end London lettings firm
Acquisition sees PCL veteran Mark Tunstall return to the agency as co-head of super-prime lettings in the capital.
Strutt & Parker recruits Knight Frank Private Office dealmaker Robinson
Super-prime specialist joins broker team as BNP Paribas-backed agency continues to scale PCL operations.
Harrods Estates duo Dougramaji & Harte join Strutt & Parker
BNP Paribas-backed agency boosts Knightsbridge & Belgravia team as top PCL operators move on from Harrods Estates.
Agency reports £37mn deal run on Hamilton Terrace
Five sales tucked away on one St John’s Wood street, including two sizeable houses just last week.
My Property Career: Quickfire Q&A with Charles Leigh
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Resi developer & investor team up for €150mn luxury Marbella project
Major Spanish housebuilder confirms a 'strategic expansion' in the prime residential arena.
By PrimeResi
In Pictures: Brand new Wentworth mansion with rare fairway access seeks £21.5mn
Buyer sought for 18,000 sq ft new-build on prized 1.42-acre plot.
Allsop recruits former Savills director to lead new planning department
'We are pressing on with our strategy of growth in complementary business areas,' says property consultancy boss.
By PrimeResi
LATEST ARTICLES
REDD lands 12,000 sq ft mansion project in Notting Hill
Private client commission will see substantial villa reworked into 'best-in-class' family home.
The Whiteley reaches practical completion; full amenities line-up unveiled
Eight-year overhaul of London’s first department store has delivered 139 homes with 'best-in-class' facilities, a Six Senses hotel - and some new benchmarks for the sales market.
The Agency Group adds Head of New Homes
Prime-focused firm is looking to grow its presence in the new-build market.
Chestertons Global expands into India
'India is one of the most compelling real estate growth stories globally,' says CG boss Mohamed Mussa.
By PrimeResi
Fine & Country moves into Madrid
Alejandra Santos & Carlos Rojo have taken on the estate agency's licence in the Spanish capital.
By PrimeResi