Chancellor confirms Stamp Duty holiday will start today, as threshold raised to £500k
From today until 31st March 2021, buyers will pay no Stamp Duty on the first £500k when they move home.
Stamp Duty holiday to come in straight away, claim reports
"Mr Sunak has been forced to bring forward the [Stamp Duty holiday] because of fears the housing market would freeze while buyers waited for it to come in the autumn", reports The Sun.
By PrimeResi
Industry Reactions: Property sector welcomes Sunak’s Stamp Duty holiday
It'll come as no surprise that most estate agents and property developers are quite delighted with the temporary raising of the Stamp Duty threshold to £500k, as announced by the Chancellor in a "mini…
By PrimeResi
Budget 2021: Stamp Duty holiday extended to September
As expected, Chancellor Sunak has extended the Stamp Duty holiday for a few months, taking a sensible (albeit steep) tapered approach to avoid the hard cut-off that's caused so much angst over the last…
Most read
Knight Frank begins redundancy consultation process
Agency says fewer than 3% of its UK workforce could be affected.
The Great Fragmentation: New data charts super-prime London’s shift from two-agency dominance to a field of fifty
Exclusive: Analysis of 70 £10mn-plus sales confirms a striking shift in how PCL's biggest deals are being brokered.
By PrimeResi
London Square buys 800-home Earl’s Court scheme
Aldar-owned developer completes another significant resi acquisition in SW London.
By PrimeResi
Burnham’s rise revives the big property tax question
The former Manchester Mayor and Prime Ministerial hopeful has been a long-standing advocate of a Land Value Tax to replace Stamp Duty.
By PrimeResi
First Look: Albion Nord completes £6.7mn show home at Bishops Avenue Gardens
Arts & Crafts meets luxury living in first apartment to be unveiled at new Billionaires' Row scheme.
Salboy launches fourth central London scheme
Studio Power has designed the ten-apartment scheme in Camden for Salboy & Forge Homes.
By PrimeResi
‘Bold buyers snap up deals’: Super-prime agent calls for ‘the end of caution’ in PCL
'Decisive buyers are dominating,' says Peter Wetherell, following a five-day five-deal run worth nearly £25mn.
By PrimeResi
Strutt & Parker recruits Knight Frank’s Glanville to lead prime cities push
BNP Paribas-backed agency steps up expansion across key regional markets.
LATEST ARTICLES
‘Change’: Charles Curran on what a Burnham premiership could mean for London’s prime property market
'We see Mr Burnham as a negative for the Prime Central London property market for second home owners, foreign owners and landlords,' writes estate agency boss.
Part-complete luxury resi project near Buckingham Palace offered for £35mn
Rare PCL development play 'ready for immediate start on site'.
Mapped: Which parts of London face the greatest subsidence risk?
Latest British Geological Survey projections pinpoints central and northern boroughs as future hotspots, with potential implications for key housing markets.
Referrals lead the way for prime buyer enquiries, survey finds
Industry relationships are becoming increasingly important as activity goes 'off-portal', says AgentWise.
Renters’ Rights Act yet to shift London market, says Foxtons
May was the first full month with the Renters' Rights Act in force 'and the most remarkable thing is how little changed,' says estate agency.
By PrimeResi