Super-rich call on international governments to ‘please Tax us. Tax us. Tax us.”
"Tax increases on the wealthy and greater international tax transparency are essential for a viable long-term solution" to inequalities highlighted by the Covid-19 crisis, declare a group of 83 "millionaires for humanity" in an open letter to the world's political leaders.
‘Modest growth’ predicted for the world’s HNWI population in 2020
The global millionaire count is likely to rise again in 2020, predicts Wealth-X, but at less dramatic pace than in 2019.
By PrimeResi
Five definitions that have ‘the potential to profoundly improve’ international real estate markets
Billed as a "world-first" that "has the potential to profoundly improve consistency" of international real estate markets, the Royal Institute of Chartered Surveyors has published new global best practice…
By PrimeResi
Rich List 2020: The UK’s 50 wealthiest property tycoons
How have the likes of the Reubens, the Zakays and the Barclays fared in the face of Covid-19?
By PrimeResi
Most read
Autumn Budget ‘to hit 100,000 properties with mansion tax’
Latest rumours suggest a revaluation of homes in F, G & H Council Tax bands is likely.
By PrimeResi
Talking Heads: Prime property industry reactions to the Budget 2025
A Council Tax surcharge for high-value homes is 'probably the least worst outcome for owners of prime property', comments Savills, but our pundits are less sanguine about changes to landlords' income…
By PrimeResi
Luxury developer readying £110mn Belgrave Square ‘giga-mansion’ for market – report
The former HQ of the Royal College of Psychiatrists is being reworked into one of London's grandest private homes, measuring around 22,000 sq ft.
£24mn Notting Hill mansion changes hands in ‘landmark’ deal
Stucco-fronted Grade II-listed Allom masterpiece sells after more than 20 years in the same ownership.
Social Circuit: John Caudwell’s festive drinks reception at Mayfair House
Billionaire entrepreneur, developer & philanthropist hosts a seasonal gathering of political, charity & media figures at his Grade II listed private palace.
International buyer lands £25mn Knightsbridge Gate penthouse
Marquee 6,214 sq ft residence drew multiple offers despite wider market caution.
Budget 2025: OBR leak confirms ‘mansion tax’ on £2mn+ homes from April 2028
Office for Budget Responsibility report published early 'in error' - including details of a new Council Tax surcharge on high-value homes.
By PrimeResi
Budget 2025: Chancellor confirms a ‘mansion tax’ & higher rates on property income
High-value homes will face significantly higher Council Tax bills, while landlords will pay a larger share of their property income to HMRC.
By PrimeResi
Middle Eastern buyer splashes £10mn on penthouses at new Kensington scheme
Agents say it's the biggest off-plan sales deal in London this year.
Mansion tax modelling flags £13,700 bills for second homes
Hamptons analysis finds over 3,300 £2mn+ second homes exposed to dual surcharges as revaluation looms.
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Industry Reactions: ‘Surprising’ uptick in UK transaction volumes
'The engine remained fundamentally strong' despite Budget pitstop, report agents; could a prime-market 'relief' rally now be on the cards?
Super-prime developer Binghatti appoints London sales lead
Dean Elgafar previously worked at Wetherell, Chestertons & UK Sotheby's International Realty.
By PrimeResi
Dubai marks five years of relentless price growth – but is the market past its peak?
Q3 data confirms an uninterrupted five-year rally that's seen the average villa price soar by nearly 125%.
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Big-brand brokerage steps up Balearics push
Spain Sotheby’s International Realty adds new base in Palma as part of major roll-out in the region.