Welsh Government updates Land Transaction Tax rates
Wales is cutting the Land Transaction Tax for lower-value homes, while raising rates for properties above £345k (the top c.15% of the market).
Government’s new ‘Tax Day’ brings a raft of policy consultations – but nothing major on CGT or Stamp Duty
HM Treasury has published a suite of some 30 consultation documents and policy proposals that are "designed to enhance the stability and effectiveness of the UK tax system by outlining a future pathway…
Government review pitches £14bn CGT hike, potentially doubling rates for second-home owners
There are "a range of areas in which Capital Gains Tax is counter-intuitive and creates odd incentives", says the Office of Tax Simplification in a comprehensive review of the CGT regime.
BoE raises interest rates by 0.5% to 2.25%
The UK's base rate of interest has been rising since December 2021, as the Bank of England attempts to keep a lid on inflation.
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CLS finds new buyer for landmark Albert Embankment block
Resi developer acquires prime riverside building in Central London & plans to create set of 'unrivalled residences'
In Pictures: Inside a turnkey Chester Square townhouse, asking £25mn
Revamped Grade II listed residence is 'one of the best townhouses to hit the market this year'
Revealed: London’s ‘most desirable neighbourhoods’
Savills has used socio-economic and health data from the Census alongside house price records to rank the capital's top enclaves for prime and super-prime property buyers.
Ranked: Britain’s most expensive streets in 2024
Rightmove's data shows a marked increase in buying interest in London's top-tier postcodes compared to last year, as the portal highlights addresses with the highest asking prices for sale and rent across…
By PrimeResi
Major Foxtons shareholders reiterate calls for a sale
London estate agency is working with NM Rothschild, reports The Sunday Times.
By PrimeResi
‘Trophy’ West End retail & luxury resi scheme hits the market
Investment giant instructs agents to find buyer for flagship retail unit & 11 high-end apartments.
Sales launch at Fifth Avenue’s tallest resi tower
1,000-foot Beaux-Arts-inspired building has been designed by Kohn Pedersen Fox.
Regal ‘repositions’ as expansion plans take shape
Resi-led developer creates new brand portfolio to support 'increasingly diversified' strategy
Historic Cadogan Place building available for the first time in 60 years
Freehold property, currently arranged as flats, is a 'gardener & historian's dream'
Tom Bill: Slow recovery for UK housing market as it awaits political & economic clarity
Recent indicators suggest transaction volumes are rising as spring approaches but the pressure on pricing is downwards.
By Tom Bill
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Construction starts on REDD’s ‘ultra-luxury’ Kensington Palace Gardens project
Grade II* listed London mansion is being transformed into a set of top-end apartments by a world-class team.
Weekly Showcase: Ten featured prime resi listings
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Savills auction boosted by hat-trick of Chelsea sales
Agency's latest live-streamed event raised £62mn amid strong demand for high-value lots.
Chestertons expands into Bermuda
International estate agency network signs Hamilton-based affiliate.
By PrimeResi
‘Truly one-of-a-kind’ Mallorcan villa seeks €25mn
In Pictures: Completed earlier this year, this 10,915 sq ft seafront home is 'one of the Balearics' most exclusive private villas', says agency.