UK property tax regime is ‘second worst’ in the world
American think tank's analysis prompts fresh calls for the abolition of Stamp Duty.
What to read next
Rightmove: How would a new national property tax or mansion tax affect the market?
Property portal 'asks the government to carefully consider the impact of any changes to property taxation to avoid unintended consequences.'
‘Not the pre-Halloween horror show we had braced ourselves for’: Property industry reactions to the Autumn Budget 2024
Featuring insights from: Dominic Agace, Tim Bannister, PC Chawla, Lucian Cook, Becky Fatemi, Guy Gittins, Mark Harris, Nina Harrison, Adam Jennings, Trevor Kearney, Nick Leeming, Roarie Scarisbrick, Nicky…
‘Council tax & stamp duty are unpopular, unfair & impractical’: Pressure builds for drastic property tax reform
A former advisor to Rishi Sunak - who also devised the Covid furlough scheme - has come up with 'a practical alternative to replace Stamp Duty & Council Tax'.
Most read
Super-prime construction firm builds leadership team
Knowles makes trio of senior appointments amid ‘increasing demand’ for top-end services in London and further afield.
Rare receivership sale completed on Eaton Square
Lateral Belgravia penthouse sells above guide after drawing ‘very high’ viewing numbers.
‘A once-in-a-lifetime opportunity’: Historic Cotswolds estate hits the open market
Grade II* mansion in 230 acres, used as a school for more than a century, has the potential to be reborn as a spectacular private residence.
Former CBRE director launches independent advisory
Rian Strauss says international clients often have plenty of advisers, but still lack someone 'who can look across the whole situation'.
‘2026 likely to prove one of the lowest years for London transaction volumes on record,’ warns Foxtons boss
Major estate agency's profits hit hard by 'materially lower' sales volumes and 'short-term volatility' in the lettings market.
Savills completes $1.1bn real estate investment bank acquisition
The big deal 'accelerates Savills strategy to scale in North America while strengthening its leadership position in both EMEA and Asia Pacific.'
Knightsbridge Gate nears sell-out after £30mn double deal
Middle Eastern buyer picks up two neighbouring apartments at the luxury PCL scheme, leaving just one residence available.
Hamptons & John D Wood owner cites ‘very challenging’ market as H1 profits tumble 92%
The UK's biggest estate agency group said lettings and surveying again helped offset the slowdown in sales activity.
King’s bank flags ‘materially improved’ PCL property market as prices, activity & confidence rise
Deal volumes jumped 48% from Q1 to Q2, as Coutts points to 'some of the most attractive opportunities seen in the Prime London market for more than a decade.'
Residence One tops out 29-home St John’s Wood scheme
Luxury apartment project reaches full height as developer targets May 2027 completion.
LATEST ARTICLES
Understanding the Prime London market in five charts
From stock levels and sale prices to discounts and deal volumes, fresh graphics from LonRes provide a snapshot of the capital's prime property market as the second half of 2026 gets under way.
China launches retroactive tax crackdown on wealthy citizens’ offshore assets
Beijing is said to be pursuing HNWIs for unpaid tax on overseas assets going back decades.
In Pictures: Inside a £22mn Chelsea villa with one of RBKC’s last big basement builds
PCL agency lands one of the season's standout instructions in the Boltons Conservation Area.
Ten-year-old agency adds Surrey specialist
Stephen Cullens has joined Andrew Giller and David Carter's house. Partnership.
Jo Eccles: Four key trends in the prime London market this summer
Eccord's MD is reminding clients that this is a nuanced market to navigate, as well-priced homes attract competition and more owners consider renting instead of selling.