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NCA ‘reassessing’ use of UWOs
Targeting PEPs and oligarchs has proven ‘much more difficult than expected’
Boltons bolthole pitched at £6.5m
Neighbouring mansions in Chelsea's most exclusive enclave go for an average of £32.5m, but have been known to fetch significantly more...
Economists predict ‘a slow recovery in activity, but a relatively benign outcome for house prices’
House prices are likely to fall by 7% as a result of Covid-19, predicts Oxford Economics - but the risks are "heavily skewed" towards much, much bigger price falls of almost 40%...
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…
‘Signs of life’ in Prime London as activity returns & prices hold up
The number of properties going under offer in June was just 5% below last year’s levels, reports LonRes, while achieved prices were only marginally down...
Rishi Sunak’s stamp duty cut is not about helping first-time buyers, but shoring up the whole UK economy
"Property prices are critical to UK prosperity," writes Professor Alexander Tziamalis.
Northacre confident in PCL’s appeal as enquiries soar
The 33-year-old firm developing two of London’s landmark prime resi schemes saw a threefold increase in sales enquiries in H1 2020, and is expecting demand to rise as supply levels shrink
Countrywide investor pitches major employee share giveaway; warns ‘the company may not survive current challenges’
Jeremy Hosking has called on Countrywide Chairman Peter Long to hand staff 15% of the company "as an incentive to spark a turnaround."
Holyrood raises Scotland’s LBTT threshold to £250k
New Scottish property tax rates come into play on Wednesday (15th July), running until 31st March 2021.
Stylish St John’s Wood townhouse seeks £11.95m
Hairdressing tycoon Lesley Clarke lists her Italianate stunner on Queens Grove
Stamp Duty holiday drives instant property portal activity surge
Record levels of traffic and enquiries were recorded on the major property portals following the Chancellor's SDLT tax cut announcement.
Land Registry to accept electronic signatures
"Our hope is that in the near future Qualified Electronic Signatures become more commonplace and the service providers tailor their use to conveyancing," says Deputy Chief Executive Mike Harlow.