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
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...
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...
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Luxury brokerage drafts trio of seasoned Central London agents from Savills
Mayfair-based property firm confirms more high-profile signings & trails its 'next phase of growth'.
Regent’s Park trophy mansion reportedly finds a buyer at £139mn
One of London's biggest ever luxury home sales.
Westminster approves Valouran retrofit scheme in West London
Luxury developer to bring The Whiteley site offices back into use as a mix of 'design-led' homes, a restaurant and a bar.
Grosvenor sells massive stake in Mayfair to Norwegian wealth fund
Norges Bank Investment Management has taken a 25% stake in a £1.2bn property portfolio around Grosvenor Street and Mount Street.
Interview: Ultra-prime property investor & developer George Brooksbank on trophy homes, HNW trends & why London remains the capital of the world
'Developing homes is our business, and we are very good at it': PrimeResi meets the boss of Fairway Capital & Leconfield to discuss crafting timeless residences, the new generation of luxury buyers & the…
In Pictures: On the market for the first time in 700 years, seeking £21mn
Ripley Castle in Yorkshire has been home to the Ingilby family since the early 1300s.
DDRE Global founder to star at major US real estate industry event
Daniel Daggers will discuss what international expansion means for brokerages at the Inman Connect Conference in New York this week; as his luxury-focused firm reports a 70% rise in US buyer searches.
Prime Central London prices down by over 20% since 2014
Latest figures show declines have ranged from -9.6% in Bayswater to -26.3% in Earls Court since the peak; market now an 'attractive value proposition', says major agency.
Knight Frank completes digital client portal rollout
Agency adds suite of online tenant & landlord functions as part of latest CX upgrade.
UAE developer brings on football icon as ‘brand adviser’
Major Developers is collaborating with World Cup winner Francesco Totti.
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Home Counties prices slide by 9% in a year
'It’s clear that buyers were able to secure some great deals last year', reports Investec, as average reduction tops £150k.
Herman Melville’s historic London home goes hunting for a buyer
Georgian end-of-terrace where Moby Dick author once lived could be 'one of the most spectacular townhouses on the Embankment', say agents.
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Scotland’s prime property market sees ‘a significant recovery’
Transactions are up but many sellers are having to rein-in price expectations.
Thousands more construction & property firms on the brink of collapse
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