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
Grade I Belgravia mansion goes for £35mn
Biggest house deal officially filed so far this year revealed.
Knight Frank launches new investor advisory offering as buy-to-let landscape shifts
Agency hosts panel discussion to debut new team, with discussions focusing on landlord caution, regulatory pressure - and where investors are still finding opportunities.
Knight Frank in fresh New York push with luxury brokerage tie-up
Big-brand property consultancy declares a 'major milestone' for the business as it signs a new partnership in the Big Apple.
By PrimeResi
Deal sealed on £20.5mn duplex at Knightsbridge Gate
Buyers returned to the heritage-led boutique development after looking at competing super-prime projects across Prime Central London.
London Square gathers top design names for Milan debrief at new Mayfair HQ
The Aldar-owned developer has ramped up its presence in PCL with a luxurious new Bruton Place base.
Big-ticket London home sales slide by over a third as caution returns
Latest data: Savills says wealthy buyers are retreating towards the capital’s traditional golden postcodes, with geopolitical jitters weighing on activity.
Expanding law firm brings in new director to boost PCL offering
Increasing legal complexity and buyer caution mean transactions are getting harder to close, says Leadenhall Law Group.
Forbes Global Properties launches UK brokerage with boutique PCL agency tie-up
Prime London stalwart Martin Bikhit to lead new venture targeting £10mn-plus homes.
Top-end brokerage tests auction route with Grosvenor Square penthouse
Mayfair duplex once asking £22mn returns with an £11.5mn opening bid via a rarely used super-prime sales process.
Trio of agents appointed to lead sales at REDD’s One Palace Green
Super-prime resi scheme overlooking Kensington Palace Gardens is set to complete this summer, delivering a collection of top-end apartments priced from £15mn.
LATEST ARTICLES
JLL slashes London property price forecast
Property consultancy had expected PCL values to bottom out this year, but 'geopolitical headwinds' mean a further 5.5% decline is on the cards before 2026 is done.
By PrimeResi
In Pictures: 1930s Wentworth ‘masterpiece’ hits the market at £15mn
The Oliver Hill-designed Cherry Hill is one of the most significant private homes on the exclusive Surrey estate, say agents
St John’s Wood Square marches towards launch, hitting major construction milestone
The former barracks site in NW London is being transformed into a 120-home super-prime scheme by a team led by Sir George Iacobescu.
‘Pricing precision’ driving PCL market, says Knightsbridge agency after £20mn week
New approach now needed to get big-ticket deals over the line, reports Winkworth, following benchmark sale in Belgravia.
My Property Career: Quickfire Q&A with Benji Weinberger
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.