Returning Stamp Duty to 2005 levels would galvanise the property market, suggests influential think tank
"Stamp duty has distorted the market to such an extent that the costs of cutting it are far lower than generally realised," suggests the Centre for Policy Studies, led by David Cameron's former housing advisor Alex Morton.
Budget 2020: Property industry reactions to the non-resident Stamp Duty surcharge & more
It was not unexpected, but the new 2% Stamp Duty surcharge for overseas buyers is not particularly welcome either, say most of our prime residential property industry insiders...
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
‘End stamp duty to rebalance the housing market’ – RICS
20% of surveyors believe replacing Stamp Duty with a modernised Council Tax would benefit the property market and wider economy
By PrimeResi
Most read
‘Fulham mainstay’ Jackson-Stops rejoins Strutt & Parker
Great-grandson of Jackson-Stops founder is now Head of Fulham Sales at Strutt & Parker.
By PrimeResi
CLS finds new buyer for landmark Albert Embankment block
Resi developer acquires prime riverside building in Central London & plans to create set of 'unrivalled residences'
In Pictures: Inside a turnkey Chester Square townhouse, asking £25mn
Revamped Grade II listed residence is 'one of the best townhouses to hit the market this year'
Revealed: London’s ‘most desirable neighbourhoods’
Savills has used socio-economic and health data from the Census alongside house price records to rank the capital's top enclaves for prime and super-prime property buyers.
Ranked: Britain’s most expensive streets in 2024
Rightmove's data shows a marked increase in buying interest in London's top-tier postcodes compared to last year, as the portal highlights addresses with the highest asking prices for sale and rent across…
By PrimeResi
Major Foxtons shareholders reiterate calls for a sale
London estate agency is working with NM Rothschild, reports The Sunday Times.
By PrimeResi
‘It’s an exciting time for the industry’: Rosewood’s Brad Berry on why the luxury hospitality group is doubling down on branded resi
'At the luxury level, buyers gravitate towards the projects that incorporate the intangibles'
‘Trophy’ West End retail & luxury resi scheme hits the market
Investment giant instructs agents to find buyer for flagship retail unit & 11 high-end apartments.
Sales launch at Fifth Avenue’s tallest resi tower
1,000-foot Beaux-Arts-inspired building has been designed by Kohn Pedersen Fox.
Regal ‘repositions’ as expansion plans take shape
Resi-led developer creates new brand portfolio to support 'increasingly diversified' strategy
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Chestertons expands into Bermuda
International estate agency network signs Hamilton-based affiliate.
By PrimeResi
Prime London’s top-end outperforms in ‘slow’ spring market
The £5mn-plus market has been the most active prime London sales sector since 2021, reports LonRes.
In Pictures: Handelsman’s Manhattan Loft Gardens penthouse seeks £17.5mn
Visionary property developer's 40th-floor home 'is a rare gem in the London luxury property market that stands out thanks to its awe-inspiring views and unique architectural brilliance,' says Becky Fatemi…
By PrimeResi
Foxtons reports ‘strong start to the year’ as market share grows again
The London estate agency agreed a third more sales in the first three months of this year than in Q1 2023, while the lettings business saw an 'incremental' increase in revenue.
By PrimeResi
Agency lists Westminster townhouse at £11mn after virtual valuation
Super-prime property near Buckingham Palace is 'one of the most expensive houses ever to reach the market without a physical valuation'