Radical stamp duty reform would pay for itself, says think tank
The Centre for Policy Studies reiterates the case for a wholesale rethink of stamp duty ahead of next month's Budget; research paper argues that cutting the 'hated' tax would significantly boost transactions and housebuilding, allowing the Treasury to recoup between 60-95% of the resulting lost revenue.
The Centre for Policy Studies reiterates the case for a wholesale rethink of stamp duty ahead of next month's Budget; research paper argues that cutting the 'hated' tax would significantly boost transactions and housebuilding, allowing the Treasury to recoup between 60-95% of the resulting lost revenue.
Stamp duty receipts tumble by £1 billion
Latest statistics from HMRC confirm a massive fall from £12.9bn in 2017/18 to £11.9bn in 2018/19, the biggest decline seen since the financial crisis
By PrimeResi
Treasury Committee rules out permanent Stamp Duty cut
"Any permanent cut or removal of SDLT would be likely to have a significant cost to the Exchequer," concludes HM Treasury.
By PrimeResi
Stamp duty receipts up on Q2 but down on last year as Hammond ‘misses a trick’
Latest statistics from HMRC show overall SDLT receipts in Q3 were up by 14% on Q2, but down 9% on the same period last year...
By PrimeResi
Most read
Luxury brokerage drafts trio of seasoned Central London agents from Savills
Mayfair-based property firm confirms more high-profile signings & trails its 'next phase of growth'.
Deal sealed on £18.75mn Holland Park townhouse
'When an exceptional house is correctly priced, demand can be strong,' reports agency.
One dollar millionaire leaving the UK ‘every 45 minutes’
Government under more pressure to rethink non-dom crackdown as research reveals scale of HNW 'exodus'.
London Square picks up prominent Ransome’s Wharf site opposite Chelsea Embankment
Property developer continues its dramatic run of prime London site acquisitions since becoming part of Aldar in late 2023.
By PrimeResi
In Pictures: A-list-approved Caribbean estate asks $39mn
'Legendary' villa at Amanyara in the Turks & Caicos Islands is the most expensive listing in the region right now.
Peak Luxury: Four Seasons penthouses to go on sale in Gstaad
Global hospitality firm appointed to manage 'iconic' property in glitzy Swiss ski resort.
In Pictures: Chelsea Waterfront’s Powerhouse reaches completion
Painstaking 15-year project has transformed a century-old SW London landmark into a striking new luxury apartment scheme.
Carter Jonas installs national resi sales boss
Dominic Bruneau will oversee the agency's network of 14 resi sales teams across the UK.
Investec backs Wentworth Estate super-home project
£11.5mn loan tees up latest endeavour by luxury developer Applegate Homes.
NDAs in prime property transactions: Essential privacy tool or negotiation hazard?
Top buying agent Jazmin Atkins evaluates the pros and cons of using confidentiality agreements in elite-level real estate deals.
LATEST ARTICLES
Spanish PM threatens to ban non-EU property buyers
'We are going to propose to ban non-EU foreigners from buying houses in our country,' said Pedro Sánchez.
By PrimeResi
DDRE Global founder to star at major US real estate industry event
Daniel Daggers will discuss what international expansion means for brokerages at the Inman Connect Conference in New York this week; as his luxury-focused firm reports a 70% rise in US buyer searches.
In Pictures: On the market for the first time in 700 years, seeking £21mn
Ripley Castle in Yorkshire has been home to the Ingilby family since the early 1300s.
By PrimeResi
Savills appoints its first ecologist
Joe Dance's role will include helping clients to meet their Biodiversity Net Gain requirements.
Bumper start to 2025 for Savills Auctions
Grade II listed Knightsbridge townhouse to star in firm's biggest-ever January sale.