Prime London’s tenants are getting younger
Under-30s accounted for nearly 90% of the tenancies signed in Q1, reports LCP - up by almost a quarter on last year.
London’s super-prime tenants scramble for options as supply dries up
Landlords are now calling the shots in the capital's most exclusive postcodes.
‘Frenzied’ demand drives strongest prime London rental market in a decade
The capital's prime rental market is leading the recovery for the first time since the start of the pandemic, reports Savills.
Prime London rents soar as stock levels slump by 68%
Those looking to renew a rental agreement or search for a new property ‘may be in for a shock’, warns LonRes…
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Autumn Budget ‘to hit 100,000 properties with mansion tax’
Latest rumours suggest a revaluation of homes in F, G & H Council Tax bands is likely.
By PrimeResi
Talking Heads: Prime property industry reactions to the Budget 2025
A Council Tax surcharge for high-value homes is 'probably the least worst outcome for owners of prime property', comments Savills, but our pundits are less sanguine about changes to landlords' income…
By PrimeResi
Luxury developer readying £110mn Belgrave Square ‘giga-mansion’ for market – report
The former HQ of the Royal College of Psychiatrists is being reworked into one of London's grandest private homes, measuring around 22,000 sq ft.
£24mn Notting Hill mansion changes hands in ‘landmark’ deal
Stucco-fronted Grade II-listed Allom masterpiece sells after more than 20 years in the same ownership.
Budget 2025: OBR leak confirms ‘mansion tax’ on £2mn+ homes from April 2028
Office for Budget Responsibility report published early 'in error' - including details of a new Council Tax surcharge on high-value homes.
By PrimeResi
Social Circuit: John Caudwell’s festive drinks reception at Mayfair House
Billionaire entrepreneur, developer & philanthropist hosts a seasonal gathering of political, charity & media figures at his Grade II listed private palace.
Budget 2025: Chancellor confirms a ‘mansion tax’ & higher rates on property income
High-value homes will face significantly higher Council Tax bills, while landlords will pay a larger share of their property income to HMRC.
By PrimeResi
International buyer lands £25mn Knightsbridge Gate penthouse
Marquee 6,214 sq ft residence drew multiple offers despite wider market caution.
Mansion tax modelling flags £13,700 bills for second homes
Hamptons analysis finds over 3,300 £2mn+ second homes exposed to dual surcharges as revaluation looms.
Middle Eastern buyer splashes £10mn on penthouses at new Kensington scheme
Agents say it's the biggest off-plan sales deal in London this year.
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Big-brand brokerage steps up Balearics push
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