Scrap ‘poll tax like’ Council Tax, declares think tank as it reignites the Mansion Tax debate
'An entirely new tax system genuinely based on a proportion of a property’s value now desirable and feasible', says the Resolution Foundation, as it resurrects the idea of a Mansion Tax to hit London and the South East
‘Voluntary mansion tax’ raises £400k from Westminster’s wealthiest homeowners
'What started out as an experiment is turning into a solid way of helping Westminster’s wider community', says Cllr Nickie Aiken
By PrimeResi
Are the Tories mulling a mansion tax again?
Debates have been occurring 'at the highest levels of the Treasury and No 10' over ways to tap up wealthy homeowners, according to a Sunday paper...
By PrimeResi
London’s ‘unfair’ Council Tax system should be abolished – IPPR
'Council tax should be abolished and replaced with a property tax which is proportional to the present-day value of homes', suggests think tank
By PrimeResi
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Luxury agency UK Sotheby’s International Realty launches property buying arm
The London-based brokerage has already signed up private clients with a combined £300mn to spend on high-end homes in 2025.
Big-ticket townhouse sale completes in Marylebone
Buyer exchanged on 'incredible' mixed-use proposition, listed at £22.5mn, just before the Budget.
High-flying agent joins Harding Green in Clapham
Catherine Wilson previously worked at Douglas Elliman in New York, and ran sales for the King's Cross & Battersea Power Station developments in London.
By PrimeResi
Global branded residences sector to double in size over the next seven years, predicts agency
Demand for high-end branded product is showing no signs of slowing down, reports Savills, revealing another 60 names are poised to enter the space by the end of the decade.
Luxury Property Forum founder announces global ambitions
In Pictures: Priya Rawal hosts the LPF Christmas Soiree at Ginza St James's.
By PrimeResi
Foreign buyers shift focus in UK property market amid changing trends & taxes
The proportion of overseas buyers has risen to 27% in London, new stats show, with Asian investors at the forefront.
Global sports star nets Bugatti-branded penthouse
Developer Binghatti reveals A-list buyer at latest ultra-luxe project in Dubai.
‘Game-changing’ new index promises transparency & clarity for luxury property projects
RedBook debuts 'industry-first' benchmarking tool for clients & advisors; reveals key insights into the design & construction sectors' 'world of smoke and mirrors'.
Some leasehold reforms to be enacted ‘at pace’ next year, promises government
The 'two-year rule' will end in January, but the announcement of more consultations mean major changes to the leasehold system are still some way off.
By PrimeResi
Wealth industry awards recognise top HNW advisors
UK Sotheby’s International Realty picked up the Grand Prix 'Private Client Firm of the Year' at the 2024 Spear's Awards, while Becky Fatemi was named Property Broker of the Year.
By PrimeResi
LATEST ARTICLES
Storied Berkeley Square pied-à-terre seeks £6.5mn
Grand apartment building at No.48 has links to two British Prime Ministers.
Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing on the latest movements and commentary, featuring data and analysis from Knight frank, Hamptons, Foxtons, RedBook, Propertymark, Rightmove & more...
Native Land completes ‘Edinburgh’s premier residential offering’
The New Eidyn scheme has set new-build price records in the Scottish capital, claims developer.
By PrimeResi
Expert Views: Property industry insiders on the government’s latest leasehold reform plans
Lawyers & leasehold specialists weigh-in on a big update on leasehold reform - including that the 'two-year rule' for leasehold extensions ends in January
By PrimeResi
Property market poised for ‘excellent start’ to 2025
2024 was marred by uncertainty, but full-year transaction volumes should still come in 12% higher than 2023 and only 2.8% lower than 2019, says TwentyEA.