Treasury could see a £5bn Stamp Duty hit as property sales slump
"Transactions will bear the brunt" of the Coronvirus property slump, says Savills - but the firm doesn't think the pandemic will have a long-term effect on house prices.
Stamp duty revenue sinks further as transaction slump takes Government by surprise
Revenue in the four months to July fell to £3.91 billion, reflecting "lower-than-expected residential property transactions and a weaker London housing market"
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
Stamp duty receipts tumble by £1 billion
Latest statistics from HMRC confirm a massive fall from £12.9bn in 2017/18 to £11.9bn in 2018/19, the biggest decline seen since the financial crisis
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Luxury brokerage faces allegations of workplace misconduct
High-profile firm insists it 'does not tolerate harassment or inappropriate conduct' following Bloomberg report.
Trophy Lancaster Gate apartment block offered for sale
Agents instructed on rare unbroken freehold building just off Hyde Park, with investors and developers expected to target.
Notting Hill villa changes hands for nearly £32mn
Mid-19th century residence is one of the area's finest examples.
Former Schroders base in Mayfair cleared for prime resi conversion
'Remarkable' Upper Grosvenor Street building is set to deliver eight apartments alongside valet-led parking facility in Reeves Mews.
Super-prime Barnes gem changes hands in landmark off-market deal
Sale of Grade II listed house ranks among SW13's biggest in recent years.
Art Deco-inspired ultra-prime mansion changes hands in Knightsbridge
Luxury developer sells pair of trophy homes - including the former residence of ballerina Margot Fonteyn - in fresh boost for PCL market.
British Land picks new CEO
Joanne McNamara will lead the FTSE-100 property company, replacing outgoing chief Simon Carter.
Off-market properties outnumbering online listings by 5:1 in PCL, says buying agency
Fear of not having seen everything available is now the main factor weighing on buyers’ minds and undermining confidence, reports Eccord.
What WOW!house says about the future of super-prime interiors
PrimeResi tours the annual interiors showcase in Chelsea Harbour, featuring 22 installations by top studios including Martin Kemp, Albion Nord, Rigby & Rigby and Elicyon.
Grosvenor backs Westminster resi scheme with £22.6mn loan
Prominent Vincent Square building is being reworked as 26 homes.
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Knight Frank warns of rental market ‘overcorrection’ as supply shrinks & rents rise
Agency says competition for available homes in Prime London has reached its highest level since September 2022.
Buying agency ‘seal of approval’ seeks to help home-buyers pick trusted advisors
First In The Door's Prime Property Seal of Accreditation™ aims to create 'a curated network of best-in-class advisors.'
In Pictures: PLP completes biophilic Singapore tower in South-East Asia debut
London-headquartered practice unveils 21-storey luxury resi project inspired by a butterfly in flight and designed around the concept of a vertical garden.
Plans submitted for significant 89-home refurb scheme in South Ken
Wellcome is looking to upgrade a portfolio of 34 townhouses on Evelyn Gardens, transforming former student accommodation into high spec homes.
Rockwell completes first Hurlingham Waterfront building
The Thames-side regen scheme is delivering 269 new homes in SW London.