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
RIB recruits top Sotheby’s agent in ‘significant’ prime resi push
Longstanding independent firm ramps up resi division with recruitment of high-profile broker & star of Britain’s Most Expensive Houses as head of sales.
‘Disruptive’ country property agency hits £220mn in sales
Andrew Russell & Ben Bentley's independent firm, The Country House Department, is on course for a 'record' year following a number of big-ticket deals.
Trophy Mayfair block seeks £40mn
Boutique development on Mount Street houses four luxury apartments designed by Rigby & Rigby, plus some retail and office space.
Buyer sought for ‘exceptional’ Chelsea development site
Freehold swathe on sought-after Tite Street has scope for a significant prime resi scheme.
London property consultancy recruits director of private clients
Hamish Bruce has joined Inhous following stints at Marsh & Parsons and Black Brick.
Agents instructed to sell super-luxe Chelsea retirement apartments
'The release of these incredible apartments is in response to growing demand for an option to purchase a home and we are seeing strong interest,' says Henry Lumby, Director of Sales at Auriens Chelsea
By PrimeResi
Election 2024: Prime property sector sees “cause for optimism” in the prospect of a Labour government
'The likelihood of an incoming Labour government no longer feels like a massive threat to prime property markets in London and the country,' says Middleton Advisors.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
LATEST ARTICLES
Savills star Sarah Peck joins UK Sotheby’s International Realty
The luxury estate agency is assembling a stellar team as it embarks on a 'new era' under its new owner.
Huge profit surge for London-listed branded residence developer Dar Global
The property developer, which floated in London earlier this year, is working with top-flight luxury brands including Lamborghini, Missoni and Dolce & Gabbana.
By PrimeResi
Ollie Marshall: Peaks, plateaus & safety nets
Buying agent Ollie Marshall surveys the economic landscape as hopes rise that we may have finally reached the end of this tightening cycle.
Boutique branded resi scheme in Chelsea tops out
Apartments at The Lucan - London’s first standalone Autograph Collection Residences - will come with a suite of five-star services laid on by luxury hotelier Marriott.
Knight Frank expands super-prime lettings team
Property firm adds new faces to its top-tier lettings teams in Prime Central London and in South West London & the Home Counties
By PrimeResi