And Other Villains: Why stamp duty is only part of the problem for prime London
Non-Dom taxation, Brexit, tightened mortgage lending, blustering rhetoric... A realm of factors - in addition to high SDLT rates - are pushing "footloose capital" out of the prime London property market, says Charlie Ellingworth.
Charlie Ellingworth started acquisition firm Property Vision over thirty years ago. He is on the board of the Cadogan Estate and a trustee there, as well as a director of other smaller property companies. He writes novels, plays and regular articles for the FT and other magazines.
A delicate balancing act: Lucian Cook presents the case for Stamp Duty reform
There's been a lot of talk about Stamp Duty switches and tinkering in recent weeks - amped-up by some mixed-messaging from the Chancellor over the weekend.
By Lucian Cook
Cutting Stamp Duty ‘could boost transactions by 40% and tax revenues by £9.8bn’
According to buying agency Ludgrove's workings, a 36% reduction in Stamp Duty rates across the board would likely lead to 40% additional transactions in England per annum, in turn generating an extra £1.
How prime London’s property market is staging its latest comeback
Lucian Cook examines the historical and global factors that have defined the Prime Central London property market, the current conditions that are transforming the landscape, and what a post-Coronavirus…
By Lucian Cook
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Campions acquires boutique PCL agency Aston Chase
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Knight Frank: Middle East conflict will impact UK housing market in four stages
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Freehold Marylebone mansion block heads to auction
33-home building is being sold by order of the Howard de Walden Estate, which has owned the land for over 300 years.
Savills reports flurry of £10mn-plus country deals
Agency tucks away £112mn worth of super-prime country piles as HNW buyers make their move.
Sales hit halfway mark at luxury Kensington scheme
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Savills installs new head of Fulham sales
Tom Reeves takes charge of multi-office operation in SW London following the retirement of Emma Stead, who spent over thirty years with the agency.
Luxury brokerage recruits two high-flying West London specialists
Euan Rollo was previously a Director at Savills in Notting Hill; Adam Andersson Broholm was a Partner with Knight Frank in Chiswick.
By PrimeResi
Prime London sales market still struggling as uncertainty reigns
LonRes reports another poor month in the capital's high-end property market, with deal volumes and prices both down - but rising under offer numbers suggest there's demand out there.
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