Westminster’s ‘voluntary mansion tax’ brings in over £600k
'The hundreds of thousands of pounds being allocated today shows that wealthy householders do care', says council, nearly a year after launching its 'ground-breaking' tax experiment
What to read next
Mansion tax plans ‘shelved’ after backlash
Plans to unveil a new tax on high-end properties in next month's Budget have reportedly been shelved, just a week after rumours first surfaced.
Are the Tories mulling a mansion tax again?
Debates have been occurring 'at the highest levels of the Treasury and No 10' over ways to tap up wealthy homeowners, according to a Sunday paper...
Treasury publishes draft Residential Property Developer Tax legislation
Proposed new tax rates targeting major housebuilders are due to bee confirmed in the Autumn Budget.
Most read
Savills Private Office adds trio of HNW specialists in London & New York
Big-name appointments boost the firm's offering for the globe-trotting super-rich.
Daggers’ DDRE tops £200mn in 2026 sales; adds five more advisers
'Buying London' brokerage brings in new dealmakers and reports run of big-ticket transactions in town & country.
Knight Frank installs new Marylebone sales boss
A familiar face returns to Baker Street after a spell leading the agency’s core sales business in Knightsbridge.
Former Lodha director joins country house agency
Independent firm brings in top-end operator to bolster its Cotswolds presence.
Belgravia townhouse with royal past reportedly finds £39mn buyer
That price would top the £35mn paid for a Grade I-listed neighbour earlier this year.
Agency seals string of super-prime St George’s Hill sales
The latest big-ticket residence to change hands on the exclusive private estate was guided at £13.75mn.
Well-known PCL agency duo launch boutique firm
Former Maskells MD & ex-Knight Frank Partner set out their stall as independent venture brings its first homes to market.
Savills downgrades prime forecasts; no recovery for PCL prices until 2029
Prime London and regional property prices are likely to decline further next year, says top agency.
In Pictures: Albion Nord-designed South Bank penthouse pitched at £20mn
Braeburn's 3,800 sq ft 'sanctuary in the sky' comes with a 900 sq ft wrap-around terrace overlooking the London Eye and River Thames.
Landmark Nine Elms scheme brings in fresh design talent
Two top interiors studios join the teamsheet at the 57-storey tower, just over two years after sales launched.
LATEST ARTICLES
Friday the 13th: Microsoft outage hits PCL & raises completion-day concerns
Kensington & Chelsea warns of slower responses, with last year’s council IT shutdown still fresh in the memory.
Aman teams up with tennis legend for new ‘performance living’ brand
First stop for the new 'ultra-luxury' offering is Miami, where the hospitality group is planning a set of branded homes served by a 120,000 sq ft wellness centre.
In Pictures: Elicyon-designed penthouse at Lancer Square seeks £16.5mn
Charu Gandhi’s studio completes one of the long-running Kensington scheme’s final homes, taking its cue from the local antiques trade.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
Wealthy clients turn to ‘private compounds’, says top designer
Taylor Howes founder reflects on how HNW wish lists have changed over the last three decades.