‘Use it or lose it’ land tax mooted again
The government is "privately considering" a plan to impose a land-banking tax on property developers, according to a report in The Times.
What to read next
Developers contribute £6bn a year to community infrastructure projects
New CIL reforms mean local councils now have to declare developers' contributions and how levies are spent
By PrimeResi
Letwin proposes new ‘large site rules’ with a cap on land value uplifts
Enforced variety in housebuilding is the key to boosting build-out rates on large development sites, suggests Sir Oliver Letwin
By PrimeResi
Developers are not ‘land banking’, concludes Letwin
“Developers could increase the choice of design, size and tenure of new homes without impacting on the local market and therefore speed up the rate at which houses are built and sold”, argues an independent…
By PrimeResi
Most read
Super-prime fit-out specialist eyes £100mn turnover amid resi push
130-year-old firm behind interiors at The Peninsula and The Londoner expands residential offering with three of London’s most anticipated luxury schemes in the works.
Zara billionaire picks up Marylebone rental block for £150mn
Amancio Ortega's Pontegadea has made a notable play in London's built-to-rent arena.
By PrimeResi
Former buying agent’s prime property network chalks up nearly £4bn of listings
Two-year-old platform doubles down on high-end market with nearly 500 agents signed up and over £3bn of live buyer searches.
Facebook founder buys Irish castle
Mark Zuckerberg & Priscilla Chan have reportedly acquired the 440-acre Strancally estate in Waterford in an off-market deal.
By PrimeResi
Behind the Schemes: Rebuilding a Notting Hill townhouse from the inside out
ACT, De Rosee Sa & Katie Harbison talk us through a 75-week overhaul that involved moving the staircase, rethinking every floor and reconstructing the roof of a fine Italianate residence.
Savills adds senior names in Notting Hill & Islington
Marsh & Parsons and Knight Frank alumni join the agency's prime London network.
By PrimeResi
Christie’s International Real Estate joins luxury agency push into Phuket
Global brokerage network follows Bangkok launch with move into booming island market.
Major agency reins in long-range PCL forecast
Strutts now expects cumulative growth of just 4.4% by 2030 - down from 9%-12% at the start of the year - but sees downward pressure easing in 2027.
Behind the Structure: Understanding ownership risk in prime residential property
Required Reading: Sanctions have raised the stakes when it comes to navigating complex ownership structures. Anthony Hanratty explains what prime property professionals should be looking for.
RBKC vs Westminster: What do the latest ONS numbers really tell us about PCL?
Westminster prices are apparently down by a quarter and RBKC by 15% - but the detail tells a rather more nuanced story.
LATEST ARTICLES
In Pictures: Inside Oliver Burns Studio’s £21.25mn show apartment at The Bryanston
3,872 sq ft turnkey residence is the latest designer collaboration at Almacantar’s 54-unit super-prime scheme overlooking Hyde Park.
Top-end London renters go shopping in the sales market
Agency reports 34% uplift in lets across the prime postcodes over the last year - and a ‘strategic shift’ in the £5,000-per-week-plus sector.
My Property Career: Quickfire Q&A with Residence One’s Ben Wilson
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Land Reg adds extra data to transaction records
UPRNs will be added to HM Land Registry's Price Paid Data from this week.
By PrimeResi
‘Buyer demand is starting to recover,’ reports property portal as searches rise 7%
Zoopla flags signs of a traditional Autumn resurgence for housing market activity.
By PrimeResi