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Stamp Duty Surge for Britain 05.05.21Just over a third (36%) of residential transactions were liable for SDLT in the opening three months of this year, compared to two-thirds (67%) in the same period in 2020. The number of property sales above £500,000 has rocketed by…
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Resurgent Florida Market 28.04.21While Florida home sale prices have increased for 4 consecutive years, the trend has escalated in the past year due to several factors including lower mortgage interest rates and the fallout from the pandemic. The latest report from the Florida…
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Greek Tax Regime Attracting Foreign Buyers 21.04.21The outlook for Greece’s property market looks buoyant following the government’s start of two new programmes to attract European pensioners and non-domestic residents to support the wider economy. Greek agents forecast a strong Q4, as travel begins to reopen globally…
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Turkey Enjoys Highest Residential Price Growth 14.04.21International property consultant Knight Frank confirms that global residential prices are rising at their fastest rate in nearly three years. Prices increased by 5.6% on average in 2020, up from 5.3% in 2019. Some 89% of countries and territories saw…
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London Ready to Re-Open 07.04.21The number of overseas landlords owning property in the UK has hit 184,000, a five-year high. The total has risen by 19% from the 154,000 recorded in 2016, according to latest analysis. Despite predictions to the contrary, Brexit doesn’t appear…
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Wealthy Overseas Buyers Swoop on UK’s Super-Prime Market 24.03.21New figures suggest super-wealthy buyers from around the world are positioning themselves in preparation for UK travel restrictions to be lifted. Knight Frank has reported a 109% annual leap in the number of new prospective purchasers registering above the £10m…
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London Still The Gold Standard For Inward Property Investment 17.03.21Brexit and Covid-19 have inevitably brought disruption to the UK’s economy and property market, but wealthy Chinese individuals and investors remain cautiously confident and optimistic about long- term investment opportunities in Britain, according to research by 11k Consulting and The…
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Stamp Duty Extension Likely 03.03.21It’s being reported that Chancellor Sunak is about to extend the stamp duty holiday until the end of June, following months of pressure from the property industry. The forthcoming Budget on March 3rd is likely to confirm an extension of…
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Bump and Grind for New York Sky Scraper Market 24.02.21A spate of recent newspaper articles has shone a light on discomfort at the top of Manhattan’s property market, with some super-rich buyers of super-prime apartments in super-tall buildings complaining of less-than-perfect living conditions on Billionaires’ Row. The New York Times…
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