The average Stamp Duty bill has escalated 490% in the last 25 years
Property price inflation has driven the average SDLT bill in England up from £601 in 1997 to £3,548 in 2021.
Returning Stamp Duty to 2005 levels would galvanise the property market, suggests influential think tank
"Stamp duty has distorted the market to such an extent that the costs of cutting it are far lower than generally realised," suggests the Centre for Policy Studies, led by David Cameron's former housing…
By PrimeResi
Londoners paid four times more stamp duty than the national average last year
The most expensive 10% of properties contributed around 60% of all Stamp Duty receipts last year, reports LCP
By PrimeResi
Chancellor confirms Stamp Duty holiday will start today, as threshold raised to £500k
From today until 31st March 2021, buyers will pay no Stamp Duty on the first £500k when they move home.
By PrimeResi
Most read
Knight Frank begins redundancy consultation process
Agency says fewer than 3% of its UK workforce could be affected.
London Square buys 800-home Earl’s Court scheme
Aldar-owned developer completes another significant resi acquisition in SW London.
By PrimeResi
Burnham’s rise revives the big property tax question
The former Manchester Mayor and Prime Ministerial hopeful has been a long-standing advocate of a Land Value Tax to replace Stamp Duty.
By PrimeResi
Property Industry Reactions: Starmer resigns, opening the door for a Burnham premiership
UPDATED: It's a 'double whammy,' says Becky Fatemi - 'uncertainty over future policy, followed by concern about the policies themselves.
By PrimeResi
Strutt & Parker recruits Knight Frank’s Glanville to lead prime cities push
BNP Paribas-backed agency steps up expansion across key regional markets.
First Look: Albion Nord completes £6.7mn show home at Bishops Avenue Gardens
Arts & Crafts meets luxury living in first apartment to be unveiled at new Billionaires' Row scheme.
Part-complete luxury resi project near Buckingham Palace offered for £35mn
Rare PCL development play 'ready for immediate start on site'.
‘Bold buyers snap up deals’: Super-prime agent calls for ‘the end of caution’ in PCL
'Decisive buyers are dominating,' says Peter Wetherell, following a five-day five-deal run worth nearly £25mn.
By PrimeResi
‘Change’: Charles Curran on what a Burnham premiership could mean for London’s prime property market
'We see Mr Burnham as a negative for the Prime Central London property market for second home owners, foreign owners and landlords,' writes estate agency boss.
Japanese behemoth to buy top-end construction giant Multiplex
Multiplex's prime London projects include 30 Grosvenor Square, St John's Wood Square, The Broadway & Television Centre.
By PrimeResi
LATEST ARTICLES
Knight Frank recruits Savills sales chief Kelly to lead London resi teams
Liza-Jane Kelly will join in September to run offices across the capital and grow the agency's new affiliate broker model.
By PrimeResi
Brokerage signs former Strutt & Parker Kensington sales head
Experienced PCL operator Andy Harris is Moveli's latest senior recruit.
Reform or catch-up? Why the prime property market is already ahead of the Government’s plans
Ministers want to speed up homebuying and reduce failed sales, but many of the reforms being proposed have long been standard practice at the top end of the market, writes property lawyer Laura Conduit.
Battersea Power Station picks contractor for Gehry-designed next phase
165-year-old firm will complete Electric Boulevard with two striking new buildings delivering around 300 new homes and c.65,000 of commercial space.
By PrimeResi
Prime Minister Questions: Lucian Cook on what political change means for the housing market
Savills' resi research chief bemoans yet another round of Westminster upheaval, heralding more unwelcome uncertainty for the housing market.
By Lucian Cook