SDLT and All That: UK home buying costs Vs the rest of the world
Osborne trumpets a ‘fair, workable, lasting’ SDLT reform
George Osborne says that over 780,000 homebuyers saved an estimated £657m on Stamp Duty Land Tax (SDLT) in the year since the tax was reformed, while receipts from £1m+ sales increased by 15%.
By Prime Resi
London’s prime property market dip to drive a £1.6bn cut in this year’s SDLT receipts
Stamp duty receipts "so far this year have been much weaker than expected" says the OBR
By Prime Resi
Rising Stamp: Surveying the new SDLT landscape
The movement from a Stamp Duty slab tax to a graduated tax is a welcome move, says residential fund management outfit LCP on the first day of the new SDLT regime.
By Prime Resi
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Caudwell unveils vision for £2bn ‘palace of residences’ in Mayfair
Pre-launch details and new images reveal what we can expect from the RAMSA-designed 1 Mayfair, including 'the finest triplex penthouse ever unveiled in the London ultra-prime marketplace'
Deals & listings flow for Daggers’ DDRE Global as Netflix fame beckons
Four-year-old advisory starring in forthcoming Selling Sunset-style show now has over £1bn worth of international real estate on its books, with an average listing value of nearly £11mn.
Mayfair on track to hit £15,000 psf & become ‘world’s most expensive address’
Low stock levels will push values of trophy new-builds to record heights over the coming years, forecasts Beauchamp Estates
Hamptons director joins Savills’ country house department
Phillippa Dalby-Welsh continues to strengthen her country house sales team, with fourth big appointment of the year so far.
By PrimeResi
Gove’s leasehold reform plan ‘quietly crumbles’
The Housing Ministry is said to be facing 'fierce resistance from the Treasury' over a proposal to set ground rents at peppercorn rates.
By PrimeResi
New estate agency launches in Buckinghamshire
Domus Partners has been set up by James Courtney and Luke Green.
By PrimeResi
Extraordinary Ibiza mansion seeks €16.5mn
Fresh from a starring role in a Netflix drama, Villa Solstice 'is one of the most incredible frontline villas to come to the market in Ibiza for many years,' say agents.
By PrimeResi
‘Resilience on the Riviera’: Monaco is still the world’s most expensive prime property market
Micro-state continues to punch above its weight on the international stage.
Making sense of Mayfair’s super-charged property market in nine charts
New report lifts the lid on the PCL neighbourhood that's outperforming all others, as agency forecasts further growth & 'landmark' deals in 2024
Savills expands in the Middle East
Seasoned pros brought into senior roles as agency eyes further growth across the region.
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Four trends at play in the prime London market this Easter
Some balance is returning in PCL, reports buying agent Jo Eccles.
By Jo Eccles
Buyer sought for boutique resi development opp in Brook Green
Prime W14 site comes with planning for eight new-build apartments.
Prime property market shows ‘signs of recovery’ as values ‘turn a corner’
The latest Savills indices point to a more positive outlook for top-end property markets in London and the regions, although prices remain sensitive.
By PrimeResi
New York, Tokyo & London named world’s ‘most resilient’ cities in 2024
Savills' annual research points to 'an inflection' for global cities in 2024 'as funding environments improve and real estate investment volumes start to recover.'
By PrimeResi
Housing market activity ‘improves across all key measures’ – Zoopla
The average discount between asking price and agreed purchase price narrowed from 4.5% in November to 3.9% in March 2024.
By PrimeResi