Surprise property tax hike for second homes & buy-to-lets in Wales
The Welsh Government has increased Land Transaction Tax rates for additional homes, effective from today.
Property tax reforms slated for post-Budget ‘Tax Day’
The Government is planning to publish a batch of consultations on tax reform on 23rd March, a few weeks after Rishi Sunak's main Budget speech on Wednesday.
Think tank calls for a Property Capital Gains Tax to ‘pay for the coronavirus’
Michael Johnson and the Social Market Foundation are calling for "tens of billions of pounds of new taxes to be levied on increases in the value of homes", with a new Property Capital Gains Tax replacing…
By PrimeResi
Treasury publishes draft Residential Property Developer Tax legislation
Proposed new tax rates targeting major housebuilders are due to bee confirmed in the Autumn Budget.
By PrimeResi
Most read
‘£175mn’ restoration project in Wiltshire nears completion
The eight-year rescue of the Grade I listed Tottenham House is said to be the UK’s most expensive home renovation.
Chestertons installs new sales heads in Knightsbridge & Kensington
30-branch agency announces senior appointments at two key PCL bases.
Opinion: Is Making Tax Digital the final nail in the rental market coffin?
PCL lettings expert Olivia McSweeney explains why an imminent admin shift risks accelerating landlord exits - and deterring the next generation from entering the sector.
In Pictures: London Square debuts boutique Brook Green scheme
The Aldar-owned developer is converting a set of historic school buildings into a gated enclave of 32 luxury homes.
In Pictures: Landmark Mayfair mansion with potential seeks £25mn
Former Auchincloss-Coats residence, available for the first time in 30 years, offers scope to create a £55mn super-home, according to agents.
In Pictures: Ransome’s Wharf launches with a ‘refined Chelsea-meets-Battersea aesthetic’
London Square's design team for the 118-home development includes Echlin, Fourfoursixsix, and 5PA Architects.
By PrimeResi
In Pictures: Inside the luxury resi reworking of a St John’s Wood landmark
The historic former chapel-turned-studio where Queen filmed Radio Ga Ga is being transformed into five turnkey homes.
Savills: Prime markets forecast to bottom out this year – except PCL
Prime Regional property prices are likely to rise 1.5% in 2026, predicts Savills, but Prime Central London values have a bit further to fall.
By PrimeResi
PCL council warns cyber attack fallout is ‘ongoing and will take several months’
A cyber incident 'with criminal intent' has been causing havoc in Prime Central London since November, causing significant delays to planning decisions across Westminster and Kensington & Chelsea.
By PrimeResi
Ground rents to be capped at £250 as leasehold reform gathers pace
Government publishes draft Commonhold & Leasehold Reform Bill, continuing a march to reform the 'feudal' leasehold regime.
LATEST ARTICLES
‘Rare buying opportunities’ on offer in Central London, says Coutts, as price cuts proliferate
But 'this dynamic may not persist' as supply shortages put upward pressure on prices later in the year.
By PrimeResi
Watch: Buying agency ranks Britain’s best places to live
Greater Manchester town tops Garrington’s annual rundown of 1,447 locations.
Studio Ashby expands with new Cape Town base
Sophie Ashby’s award-winning design firm has opened its first international studio.
In Pictures: Super-prime townhouse hits the market on Chelsea Park Gardens
5,000+ sq ft Lutyens-inspired property, just listed at £12.75mn, has been extended with a dramatic basement.
Cautious tailwinds, selective opportunity: Cluttons’ Laura Dam Villena on prime London’s prospects for 2026
Top agency's London resi chief tells PrimeResi why realism, decisiveness and well-priced stock will be rewarded in the year ahead - and runs through the key trends at play across the capital's top postcodes.