Tories plot Stamp Duty hike for non-residents
The Conservatives want to ramp-up Theresa May's 1% SDLT surcharge for foreign buyer to 3%
Stamp Duty holiday to come in straight away, claim reports
"Mr Sunak has been forced to bring forward the [Stamp Duty holiday] because of fears the housing market would freeze while buyers waited for it to come in the autumn", reports The Sun.
By PrimeResi
May takes aim at foreign property buyers with 3% additional stamp duty levy
"It cannot be right that it is as easy for individuals who don’t live in the UK, as well as foreign based companies, to buy homes as hard working British residents" says the Prime Minister
By PrimeResi
Budget 2020: Property industry reactions to the non-resident Stamp Duty surcharge & more
It was not unexpected, but the new 2% Stamp Duty surcharge for overseas buyers is not particularly welcome either, say most of our prime residential property industry insiders...
By PrimeResi
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One Hyde Park residents win £35mn in building defects case
One Hyde Park Limited has declared a 'decisive victory' as construction firm found liable for remedial works.
By PrimeResi
Buyer sought for rare freehold resi development opp in Marylebone
Prestigious 27,000 sq ft block offered with consent for eight luxury apartments, including a standout penthouse.
£270mn in sales secured at ‘repositioned’ Mayfair scheme
Charles Leigh's team says Q4's standout performance at 60 Curzon 'sends a strong positive signal' for the wider PCL market.
Buying agency secures sizeable discount on Belgravia townhouse
Super-prime residence near The Berkeley was acquired off-market for just under £14mn, illustrating a wider market trend.
Leading luxury brokerage expands in the Cotswolds
UK Sotheby's International Realty has bolstered its country house expertise with a brace of senior appointments.
By PrimeResi
In Pictures: North London ‘masterpiece’ with separate cottage seeks £30mn
Exclusive: Listed by DDRE Global, this mansion on Avenue Road is one of the biggest super-prime instructions of the year so far.
By PrimeResi
US interiors firm debuts in UK with Battersea showhomes
'This collaboration isn’t just about interiors,' says property developer Marie-Julie Gheysens; 'it’s about narrative, artistry and the enduring power of female creativity.'
By PrimeResi
‘There are signs that price falls are bottoming out’: Two major agencies update Prime Central London forecasts
Cluttons and Strutt & Parker both believe the era of PCL price declines is ending.
By PrimeResi
GII appoints agents to sell Marriott’s new luxury branded residences in Chelsea
Now fully complete, The Lucan is the first Autograph Collection Residences from Marriott International.
By PrimeResi
Revealed: What UK property professionals earn – and how it stacks up globally
UK real estate salaries rise nearly 10%, but remain well behind the US and Middle East.
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Park Modern’s £60mn penthouse finds a buyer
Reports suggest an AI tycoon has picked up the marquee unit at Fenton Whelan's Bayswater scheme, marking the biggest super-prime sale of the last year.
By PrimeResi
Gavin Swartzman: Is AI working for you, or are you working for AI?
Global luxury brokerage chief shares three key principles agents and brokers can use to harness the power of AI - and grow their value proposition and business.
Westminster issues key update as ‘cyber incident’ fallout continues
PCL council now expects its normal planning systems to be restored by mid-February.
In Pictures: British joinery firm completes ‘jewel box’ transformation in Knightsbridge
James Wellesley & Paulo Moschino unveil their artisanal reworking of a 'characterless' townhouse, reflecting a wider trend for luxury homes 'designed with soul'.
CoStar faces fresh investor criticism over resi focus
Another shareholder has called for the proptech and data giant - which owns Homes.com and OnTheMarket - to rethink its position on residential property portals.
By PrimeResi