SDLT receipts plunge by 20% as transactions dwindle
It's the largest quarterly fall since 2014-15, as 69,000 first-time buyers escaped stamp duty in the year to 31st March. But the annual property tax take is 10% up on the previous year
Resi transactions slide 11.3% annually
HMRC's provisional seasonally-adjusted transaction count came in at 89,810 last month, down 6.4% on April and by 11.3% on May 2018
By PrimeResi
SDLT revenues drop as £1m+ sales tumble
Stamp Duty generated 6% less for the Government's coffers in Q2 2019 than in Q2 2018, largely as a result of a 12% fall in £1m+ transactions...
By PrimeResi
PCL buying agency reports 50% jump in transactions
Mayfair-based advisory Black Brick acquired nearly £43m worth of property in the first six months of 2019, and has twice as many buyers on its books compared to last year...
By PrimeResi
Most read
Strutt & Parker launches broker team to ‘super-charge’ prime London business
Exclusive: After six months building a crack team of PCL brokers, sales chief Claire Reynolds has unveiled a new 'hybrid' operating model that promises to 'redefine agency' in the capital.
By PrimeResi
OB Private scales up with senior hires & new brokerage arm
Six new recruits arrive - including an established team from Chestertons - as PCL agency rolls out broker platform alongside employed structure.
Ex-Savills director joins Moveli
Upper-market brokerage continues to scale its national agent network.
Savills appoints new lettings heads in Surrey
Agency strengthens Cobham and Guildford teams as regulation reshapes the rental landscape.
Grant J Bates Property installs new lettings boss
Ex-Hamptons associate director to spearhead prime lettings push at fast-growing luxury brokerage.
Talking Heads: How a cyber-attack put the PCL property sector in limbo
PrimeResi hears from some of the capital's top property brokers, lawyers & developers, about how November's IT hack exposed a fragile planning system, put transactions on ice, and continues to cause 'havoc'…
By PrimeResi
House Collective adds Hamptons veteran as London expansion gathers pace
Alister Shaw and Paul Davis bolster boutique firm’s West and North London teams.
Ex-Savills & JLL duo take on Winkworth franchise in north London
Seasoned operators acquire Crouch End outpost & eye expansion.
‘A celebration of craft, materiality & artistic expression’: Inside The Whiteley’s latest design collaboration
With more than three-quarters of apartments now sold, the Bayswater landmark unveils another 'Designer Collection' apartment, created by Irish interiors maven Maoliosa Murray.
By PrimeResi
Cohort agrees £20mn loan against £56mn Mayfair home
Big-ticket refinancing was agreed in only three weeks.
By PrimeResi
LATEST ARTICLES
Buyer picks up rare project on Belgravia’s Chester Square
Unmod townhouse on arguably the neighbourhood's classiest garden square sold off a £11.95mn guide.
Super-prime dealmaker Schiller joins Harding Green
Former Hamptons associate director has made the move from DDRE Global.
Dubai luxury scheme sells out on launch after 3,000-broker preview
DIFC Zabeel District’s first resi development fully sold as city's market momentum continues.
Buyer enquiries & viewings rebounded last month, says Chestertons
Major London player reports enquiries were up 96% month-on-month, though activity still trails January 2025.
Ex-Savills & JLL duo take on Winkworth franchise in north London
Seasoned operators acquire Crouch End outpost & eye expansion.