Stamp Duty revenue surges to a record high
£16.9bn was paid in property taxes from April 2021 to February 2022; £6.1bn more than in the same period a year earlier, despite the Stamp Duty holiday.
What to read next
Asking prices rise to another record high – but the pace of growth slows further
"There are likely to be some month-on-month price falls during the second half of the year," says Rightmove.
Asking prices climb to another record high, but the property market appears to be slowing
“A lack of homes for sale rather than a lack of desire from buyers is what is dictating the pace of the market,” says Rightmove, as the UK’s average asking price rises 2.1% in a month.
‘Best ever spring sellers’ market’ as asking prices hit another record high
Rightmove has recorded the biggest March jump in average asking prices since 2004 - but the portal's top analyst warns "there are headwinds that seem likely to remove the current market froth in the second…
Most read
Savills Private Office adds trio of HNW specialists in London & New York
Big-name appointments boost the firm's offering for the globe-trotting super-rich.
Daggers’ DDRE tops £200mn in 2026 sales; adds five more advisers
'Buying London' brokerage brings in new dealmakers and reports run of big-ticket transactions in town & country.
Knight Frank installs new Marylebone sales boss
A familiar face returns to Baker Street after a spell leading the agency’s core sales business in Knightsbridge.
Agency seals string of super-prime St George’s Hill sales
The latest big-ticket residence to change hands on the exclusive private estate was guided at £13.75mn.
Savills downgrades prime forecasts; no recovery for PCL prices until 2029
Prime London and regional property prices are likely to decline further next year, says top agency.
Former Lodha director joins country house agency
Independent firm brings in top-end operator to bolster its Cotswolds presence.
In Pictures: Albion Nord-designed South Bank penthouse pitched at £20mn
Braeburn's 3,800 sq ft 'sanctuary in the sky' comes with a 900 sq ft wrap-around terrace overlooking the London Eye and River Thames.
Landmark Nine Elms scheme brings in fresh design talent
Two top interiors studios join the teamsheet at the 57-storey tower, just over two years after sales launched.
London’s super-prime sales haul halves as trophy deals dwindle
Latest data tells of a comedown from Q2’s 'flurry of remarkable sales' in the UK capital, as Hong Kong topples Dubai for combined $10mn+ sales value.
Top law firm boosts private wealth offering with two new partners
Payne Hicks Beach brings in a new resi property head and a citizenship & immigration specialist to advise HNW clients.
LATEST ARTICLES
Friday the 13th: Microsoft outage hits PCL & raises completion-day concerns
Kensington & Chelsea warns of slower responses, with last year’s council IT shutdown still fresh in the memory.
Aman teams up with tennis legend for new ‘performance living’ brand
First stop for the new 'ultra-luxury' offering is Miami, where the hospitality group is planning a set of branded homes served by a 120,000 sq ft wellness centre.
In Pictures: Elicyon-designed penthouse at Lancer Square seeks £16.5mn
Charu Gandhi’s studio completes one of the long-running Kensington scheme’s final homes, taking its cue from the local antiques trade.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
Wealthy clients turn to ‘private compounds’, says top designer
Taylor Howes founder reflects on how HNW wish lists have changed over the last three decades.