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
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‘Now is the time to double down on prime UK real estate,’ says investment firm
Family office-owned Mera Investment Management spies opportunities from non-dom exit; plans to splash £150mn of private capital on prime property in the next 18 months.
By PrimeResi
The Buying Solution boosts London & Country teams with senior hires
Top buying agency adds two new partners.
By PrimeResi
Buyer sought for ‘one of the most iconic & expansive properties in the South of France’
Previously listed at €80mn, Villa Alang Alang is going to best bids later this month, with the price tag reduced to €45mn.
Record-breaking ultra-luxe scheme in Chelsea nears sell-out
Latest big-ticket sale at Orion's The Glebe leaves just one apartment remaining.
‘Iconic’ new-builds draw big-ticket buyers to Marylebone
Agency reports 'record' high-end deal run in West End hotspot.
Katharine Pooley: Eight property & design trends to watch this winter
'The new luxury is less about square footage and more about convenience'
Notting Hill mansion vendor faces lawsuit over alleged moth ‘infestation’
Unusual case involving £32.5mn super-home centres on pre-sale enquiries & the legal definition of 'vermin'.
Ranked: The most popular London neighbourhoods for US househunters
Chelsea & Notting Hill are the top choices for those searching from the States, new data reveals.
Developer heralds ‘huge demand’ for £200mn Vauxhall scheme as resi sales enter final phase
70% of apartments at Graphite Square have sold off-plan.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
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As the dust settles on months of uncertainty, top buying agent Jo Eccles summarises the short- and long-term considerations for those leaving, remaining, or coming to the UK.
By Jo Eccles
Boutique London property agency launches country house division
Harwood Advisory's new offering will focus solely on country acquisitions & specialise in the South West market.
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The 'breathtaking' Belle Isle Estate piqued interest internationally, attracting attention from the US, Asia, Europe, and the UK.
House price growth is ‘gradually gaining momentum’ – RICS
A 'brighter trend' in property market activity is likely to continue through the coming months, say surveyors.
By PrimeResi
Budget worries triggered 71% jump in property sales, claims agency
Chestertons predicts a 'busier than usual winter season' for the property market.
By PrimeResi