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OBR revises housing market forecasts in light of Covid-19
Three scenarios for house prices and transactions volumes over the next five years have been presented by the Office for Budget Responsibility - an Upside, a Central, and a Downside.
Finchatton reports £55m post-lockdown sales surge
HNW buyers have been splashing out on residences at the developer’s schemes on Grosvenor Square and Yeoman’s Row.
Purplebricks offloads Canadian business for £35m
Purplebricks is refocusing on its domestic UK market "where there is substantial opportunity to grow its market-leading hybrid model."
KF saw more offers accepted in June than in any other month of the last 20 years, smashing the previous record by 46%
There's been an extraordinary release of pent-up demand in the sales market since lockdown restrictions were lifted. "The uncertainty is how long it can last," cautions Knight Frank.
Asking rents reach a record high across the country, but dip in London as supply balloons
Asking rents outside London have climbed by 3.4% in the last year, while the capital has seen a dip of 0.6% as rental stock piles up.
‘Things will never be the same’: International HNW investors anticipate ‘permanent lifestyle shifts’ due to the pandemic
UBS has surveyed a few thousand wealthy investors around the globe to identify a series of emerging trends, including strong intentions to move either closer to family or to less populated areas.
Samsung & Microsoft join forces to ‘transform’ property management
Tech giants combine smart appliances and digital cloud technologies to 'create better experiences' for residents around the world.
Hampstead mansion with Kraal-style summerhouse seeks £15m
Remarkable garden retreat was designed by South African architect Ted Levy in 1971.
An unwieldy system with many anomalies: The case for simplifying SDLT
The rules around stamp duty are unduly complex, writes Elizabeth Small - and complexity inevitably brings a degree of uncertainty, which benefits neither the taxpayer nor the taxman...
Buyers’ desire for a better work-life balance is driving ‘increased urgency’ in the prime property market
Three-quarters of house-hunters registered with Savills say that Covid-19 has led them to "reconsider their work-life balance".
Government orders review of Capital Gains Tax
This CGT review could be "the starting pistol for a tax grab ahead of the Autumn budget later this year", suggest analysts.
SDLT Tips & Traps: On navigating the stamp duty minefield
Rishi's holiday won't make much of a dent in many prime purchasers’ SDLT bills, but it pays to be aware of some of the other lesser-known rules around this complex tax;