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
Boutique agency House Collective opens in West London
'Opening a physical space felt like a very natural evolution,' says high-end property firm as it debuts new base in Notting Hill.
Philip Harvey: Why the wealthy are voting with their feet
'Most of the demand we’re seeing now is less about "going somewhere"...it’s more about clients wanting to leave something behind,' writes Property Vision's senior partner.
Domus Nova expands with global tie-up & new PCL office
'Design-led' boutique estate agency partners with Paris-based Barnes International & launches new branch in South Kensington.
Buyer sought for rare mixed-use development opp in Mayfair
'Exceptional' site in London's most exclusive neighbourhood has a GDV of around £12mn.
Prime Purchase recruits SW London specialist
Abigail Frankish has joined the Savills-owned buying agency from Aykroyd & Co.
Cluttons boosts Chelsea team as London resi drive continues
Heritage property agency brings in experienced operators from Berkshire Hathaway & Savills to run its high-profile base in SW3.
Savills boss Ridley to step down this year
Property Plc confirms succession plans as long-standing Group Chief Exec announces retirement.
By PrimeResi
UK property becoming safe haven by default – Knight Frank
The government has sent the wrong message by scrapping non-dom status, but any negativity has been dwarfed by the wider commotion on global financial markets this month, explains the agency's Tom Bill.
By Tom Bill
Knight Frank appoints new sales head in Queen’s Park
Dylan Brooks has been leading the agency's core sales teams in Belsize Park & Hampstead since 2022.
HMRC Research: Why overseas buyers choose UK property
The UK 'was seen as a safe investment, particularly amongst those buying high value properties,' conclude researchers after quizzing nearly 300 non-UK resident buyers five years ago.
By PrimeResi
LATEST ARTICLES
Revealed: What does the ‘average mansion’ cost around Britain?
'Size doesn’t always matter,' says Savills, as the research team delves into what makes a mansion a mansion in different parts of the country.
By PrimeResi
DDRE Global adds more advisors; reports £145mn Q1 deal run
Five-year-old brokerage, now 50-strong, tucked away some big off-market transactions during the first quarter.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Savills reworks resi leadership team in Edinburgh
John Forsyth steps up to lead the estate agency's residential sales operation in the Scottish capital.
By PrimeResi
Chestertons Global moves on Iraq with Baghdad office
Luxury property agency continues to target 'emerging & frontier markets' as it ramps up its international network.
By PrimeResi