Tories ‘came within a whisker’ of abolishing stamp duty
Plan to replace SDLT with CGT on all homes was due to be the centrepiece of PM May's big policy declaration last year, according to new revelations, even making it to the "last but one working draft"...
Government relaxes stamp duty refund rules after market freeze
Official SDLT guidance changed to allow refund claims on 3% surcharge beyond the standard three-year limit
By PrimeResi
Treasury Committee rules out permanent Stamp Duty cut
"Any permanent cut or removal of SDLT would be likely to have a significant cost to the Exchequer," concludes HM Treasury.
By PrimeResi
Stamp duty receipts up on Q2 but down on last year as Hammond ‘misses a trick’
Latest statistics from HMRC show overall SDLT receipts in Q3 were up by 14% on Q2, but down 9% on the same period last year...
By PrimeResi
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Budget 2025: The luxury property industry’s hopes, fears & expectations
PrimeResi has surveyed 50 industry leaders, including estate agency owners, sales brokers, buying agents, luxury developers, financiers, legal advisors, and more.
By PrimeResi
PCL agency co-founder joins UK Sotheby’s International Realty
George Vernon has taken up a Consultant Senior Lettings Director role at the luxury brokerage.
London estate agency announces major recruitment drive
Dexters wants to take on 200 new recruits via its Training Academy in 2026.
By PrimeResi
Buyer sought for £100mn-GDV luxury resi project in Mayfair
Agents are expecting global interest in the ‘oven-ready’ development opp on Upper Grosvenor Street.
Knight Frank appoints Head of Short Lets amid expansion drive
The high-profile agency is looking to ramp up its presence in the short-term rental market.
‘Ambassadorial’ St John’s Wood townhouse sells for £11.5mn
A £3.25mn price cut did the trick for the Grade II listed pile on Hamilton Terrace.
In Pictures: £27mn Rossetti-inspired penthouse launches at Marylebone Square
Marquee unit at long-running PCL project has been named after Christina Rossetti - and is being sold with a first edition collection of poems by the celebrated romantic writer.
American investment boom could ‘lift London house prices’ by up to 3%
Top-end mortgage broker reports a spike in transatlantic enquiries following the recent US State Visit.
By PrimeResi
Savills cuts mainstream house price forecasts again
Average property values likely to increase by 22.2% over the next five years, say analysts, as regional price divides narrow.
By PrimeResi
The London ‘anti-bubble’: Ollie Marshall on finding value amid the global froth
Bubbles are everywhere these days, writes top buying agent - but a growing cohort of investors is finding shelter & opportunity in the UK capital’s unloved prime property heartlands.
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Former CBRE resi chief Collins joins Kingdom
Mark Collins is now a Non-Exec Director at Raihan Jumah & Obaida Al-Ghazawi's property consultancy.
By PrimeResi
Penthouse ‘jewel’ unveiled at Chelsea Waterfront’s Powerhouse
In Pictures: Fiona Barratt-Campbell designs duplex spread atop century-old SW London landmark.
Nobu moves on Miami’s luxury resi scene with Foster + Partners-designed tower
The 74-storey 619 Brickell will deliver 300 residences and the US city's second Nobu eatery.
Agency reports ‘strong buyers market’ as developers ‘struggle to sell new homes’
Chestertons has flagged a 'momentary imbalance of supply & demand' in the new-build sector, putting buyers in 'a particularly strong position to negotiate incentives & price reductions.'
By PrimeResi
In Pictures: New Four Seasons branded residences unveiled in Saudi Arabia
Red Sea resort enclave features architecture by Foster + Partners and interiors by Goddard Littlefair.
By PrimeResi