Taxing the profit made by selling a primary residence makes sense
"This will be hugely politically unpopular, until it becomes obvious that the housing market is entrenching intergenerational inequality and ossifying the economy"
‘End stamp duty to rebalance the housing market’ – RICS
20% of surveyors believe replacing Stamp Duty with a modernised Council Tax would benefit the property market and wider economy
By PrimeResi
Wealthy Chinese lead demand for UK’s ‘golden visas’
Nearly two thirds of the applications made for Tier 1 investor visas last year came from Chinese nationals, while demand halved amongst wealthy Russians
By PrimeResi
UK registers fall in number of foreign-owned properties
The first update since April's CGT rejig shows the total fell from 97,227 to 96,248 between January 2018 and May 2019, but campaigners have flagged up some interesting goings-on in Luxembourg...
By PrimeResi
Most read
Top-performing PCL agents generated ‘as much as £5mn’ in fees last year, claims luxury brokerage
High-profile firm reports £1.63bn in sales and lifts lid on individual broker earnings following major recruitment drive.
Agents appointed on £60mn St John’s Wood apartment scheme
Developer Residence One gears up to launch 29-unit project fronting London's iconic Abbey Road.
Top brokers assess the Iran conflict’s effect on global prime property markets
Luxury property agents in London & Dubai report early shifts in buyer activity as geopolitical tensions escalate.
By PrimeResi
London’s first Park Hyatt-branded residences set for launch this year
Sales team behind Twenty Grosvenor Square and The Whiteley gearing up to market 103 luxury apartments in Nine Elms.
Vabel picks sales agents for flagship Bayswater scheme
DDRE Global & Savills will launch apartments at Vabel Townhouse later this Spring.
By PrimeResi
Knight Frank appoints new UK marketing head
Former Crown Estate and Disney exec takes role spanning agency’s resi and commercial divisions.
£10mn Notting Hill project offers chance to create ‘one of the area’s great homes’
Rare unmod Ladbroke Grove townhouse with communal garden access and basement planning comes to market.
Westminster to grant blanket retrofit consent for Eaton Square
Borough's first Listed Building Consent Order promises to allow 'retrofit at scale' on London's largest residential square.
By PrimeResi
FT: ‘We’re past the $200mn threshold’ – the rise of super-super prime property
'How much is mere showboating listing,' asks FT journalist Mark Ellwood - 'and how much higher can prices for single private properties actually be pushed?'
By PrimeResi
Ten Years On: Assessing the ‘profound effect’ of the second home stamp duty surcharge
'Almost overnight, the market tilted away from investors,' says Hamptons, 'meaning far fewer homes have been added to the rented sector' in the last decade.
By PrimeResi
LATEST ARTICLES
Knight Frank names three new Proprietary Partners
Knightsbridge lettings head Arya Salari, capital markets specialist Eddie Thomas and lease advisory lead James Thistle step up.
KPMG builds out real estate legal team
Senior hires take firm’s UK practice to 15 lawyers as Big Four push deeper into property.
$1bn & counting: Inside Manhattan’s ‘most successful’ luxury new development
PrimeResi gets a first look at the ultra-prime West Village scheme quietly racking up record-breaking deals.
Garrington launches Northern Ireland’s ‘first dedicated buying agency’
'The prime market in Northern Ireland has reached a point of genuine maturity,' says buying agency boss.
By PrimeResi
London Square launches latest SW London scheme
Hot on the heels of projects in Battersea and Brook Green, the Aldar-owned firm has debuted a 123-home development in Wimbledon.