Tories float ‘stamp duty cut to win over voters’
Cutting Stamp Duty 'would cost a lot of money', admits a Conservative Party source, but could appeal to middle-aged voters.
Labour’s UK housing plans welcomed, but beware of soundbites and simplification
Developers have responded positively to Keir Starmer’s pro-development rhetoric, but political aims will need to square with economic reality, says Tom Bill.
By Tom Bill
Labour would fund planning system overhaul with higher Stamp Duty surcharge for overseas buyers
Keir Starmer promises to 'get Britain building' if his party wins the next General Election, while Shadow Chancellor Rachel Reeves says Labour would 'side with the builders not the blockers' on planning…
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
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Talking Heads: Prime property industry reactions to the Budget 2025
A Council Tax surcharge for high-value homes is 'probably the least worst outcome for owners of prime property', comments Savills, but our pundits are less sanguine about changes to landlords' income…
By PrimeResi
Social Circuit: John Caudwell’s festive drinks reception at Mayfair House
Billionaire entrepreneur, developer & philanthropist hosts a seasonal gathering of political, charity & media figures at his Grade II listed private palace.
International buyer lands £25mn Knightsbridge Gate penthouse
Marquee 6,214 sq ft residence drew multiple offers despite wider market caution.
Budget 2025: OBR leak confirms ‘mansion tax’ on £2mn+ homes from April 2028
Office for Budget Responsibility report published early 'in error' - including details of a new Council Tax surcharge on high-value homes.
By PrimeResi
Budget 2025: Chancellor confirms a ‘mansion tax’ & higher rates on property income
High-value homes will face significantly higher Council Tax bills, while landlords will pay a larger share of their property income to HMRC.
By PrimeResi
£10.95mn Regent’s Park mansion sold ‘within minutes’ of Budget speech
UK buyer accelerated exchange on Grade I listed residence after Chancellor delivered a softer-than-expected property tax package.
Mansion tax modelling flags £13,700 bills for second homes
Hamptons analysis finds over 3,300 £2mn+ second homes exposed to dual surcharges as revaluation looms.
Top buying agent launches independent firm
Lucie Hirst's new operation will specialise in high-end acquisitions across PCL & the Cotswolds.
Specialist country house agency hits £500mn sales milestone
Strutt & Parker alumni Andrew Russell & Ben Bentley’s boutique firm unveils debut TV campaign as it toasts 'remarkable chapter'.
Super-prime developer Binghatti appoints London sales lead
Dean Elgafar previously worked at Wetherell, Chestertons & UK Sotheby's International Realty.
By PrimeResi
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Knight Dragon recruits new CEO to lead 150-acre Greenwich Peninsula project
Emilie Giles has taken the reins from Matt Hawkins.
By PrimeResi
Mortgage borrowing slipped back in October
Bank of England data reveals a decline in lending activity last month, as Budget-related speculation mounted.
By PrimeResi
PCL buying agency toasts £80mn of deals despite ‘testing’ market
Camilla Dell's Black Brick reveals its standout acquisitions of 2025, including a ‘landmark’ Georgian villa in Hampstead, a classic Marylebone townhouse, and a trophy Mayfair apartment
£10.95mn Regent’s Park mansion sold ‘within minutes’ of Budget speech
UK buyer accelerated exchange on Grade I listed residence after Chancellor delivered a softer-than-expected property tax package.
Hoffen West acquires well-known PCL agency’s lettings & management book
26-year-old Belgravia specialist's portfolio will be integrated into Rupert Hoffen & Neil West's operation.
By PrimeResi