Tory MP urges abolition of Stamp Duty and Council Tax; backs calls for a proportional annual property levy
"Replacing council tax and stamp duty with a proportional property tax is the right thing to do for millions of people up and down the country," argues John Stevenson MP.
‘A proportional property tax would be a disaster’, warns Tory MP
"A proportional property tax would be a disaster" declares Anthony Browne - MP for South Cambridgeshire, a member of the Treasury Select Committee, and a former Europe correspondent at the Times and environment…
Over 300,000 buyers set to miss the Stamp Duty holiday, claims analyst
“Whilst the increased activity is undoubtedly a great boost for the property market both in strengthening prices and volumes, many of these transactions were predicated on the reduction in stamp duty…
Industry heavyweights urge Chancellor to extend the Stamp Duty holiday
A raft of property industry players have penned an open letter to Chancellor Rishi Sunak, entreating him to extend the Stamp Duty holiday for another six months, and taper the end to avoid a "cliff-edge"…
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Knight Frank names new Senior Partner & Group Chair
Rory Penn is to succeed William Beardmore-Gray at the helm of the global property consultancy in April 2027.
Bentry lines up super-prime play in Hampstead after pre-Budget swoop
Investor-developer sees off strong competition to secure landmark Edwardian mansion for £16.4mn; plans to deliver around 50 top-end apartments as part of grand 'Sandringham-style' residence.
Lomond recruits Druce & Foxtons alumnus as new COO
Neil McGimpsey succeeds Lucy Jones, who is stepping down after a five-year stint.
London house prices to flatline until 2028 as prime markets ‘remain subdued’
Leading estate agency forecasts a property market 'power shift' as the capital's recovery is 'delayed' & regions significantly outperform.
By PrimeResi
Strutt & Parker brings in Madison for PCL expansion drive
Heritage estate agency recruits top-end operator - the latest in a run of high-profile hires - to extend prime market coverage as part of 'ambitious' growth strategy.
Rare Bayswater development opp sells for £21mn
Former office building came with consent for a 17-unit apartment scheme designed by Ross Alexander Lambie Architects.
Barnes joins UK Sotheby’s International Realty as Senior Director
Well-known dealmaker Simon Barnes has signed to George Azar & Alex Isidro's team in PCL.
By PrimeResi
Expert Panel: Prime Central London has hit a ‘critical inflection point’
Property & HNW industry leaders unpack the volatility, policy churn & changing buyer geography defining a new era for ultra-prime London.
High-value sales jump as Budget clarity brings ‘short-term relief’ in Prime London
£5mn-plus exchange volumes were 21% above the five-year norm last month, although PCL prices recorded their steepest annual fall since 2021.
Government confirms ‘developing approach’ to mansion tax valuations
Exchequer Secretary hints at how £2mn+ homes will be revalued for the new High Value Council Tax Surcharge.
By PrimeResi
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Mapped: How second-home Council Tax premiums are ‘warping’ the property market
TwentyCi analyses the impact of higher taxes on holiday homes in local property markets across the UK, noting strong public support despite 'unintended consequences' in some areas.
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28-unit scheme will be a 'showcase' for the hospitality giant’s next wave of branded projects.