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Wealthy London house hunters are feeling 'disorientated' by new stamp duty costs, property experts warn

Wealthy London house hunters are feeling ‘disorientated’ by new stamp duty costs, property experts warn   Buyers and sellers are ‘cautious’ amid stamp duty changes Buy-to-let landords and second homeowners to pay 3% surcharge  Number of sales on expensive London homes down by a fifth in a year A series of changes to the rules […]

China's richest man buys £80 million property on London's billionaire row

China’s richest man buys £80 million property on London’s billionaire row Wang Jianlin, the mainland’s richest man, has snapped up an impressive property on London’s “billionaire’s row” in an £80 million deal and plans to spend another £50 million on its refurbishment. According to the Evening Standard‘s property market sources, Wang Jianlin snatched up the […]

Prime property values in London could see 3% growth in 2016

Prime property values in London could see 3% growth in 2016 Prime property values in London are set to see modest 3% growth throughout 2016 but the fringes of the capital are expected to see much faster price rises of 5% or higher, a new forecast suggests. The market below £1.5 million is predicted o […]

Global investors favour Melbourne and Sydney property after London

Global investors favour Melbourne and Sydney property after London Melbourne and Sydney have been ranked second and third as favoured markets in 2016 by global property investors in an industry survey. London remains the market of first choice for the 600 investors – including private equity, property companies, REITS, funds, institutions and sovereign wealth funds – surveyed in Colliers International’s […]

Investing abroad: What you need to know about buying properties in London, New York and Perth

Investing abroad: What you need to know about buying properties in London, New York and Perth  Q What due diligence should an investor undertake for overseas property investments? A Ms Vanessa Chan, associate director of international residential property services at JLL, said investors must understand the legality and tax matters surrounding the country’s residential market. […]

Chinese billionaire buys £80m London home and he'll spend £50m more doing it up

Chinese billionaire buys £80m London home and he’ll spend £50m more doing it up China’s richest man has bought a ten bedroom mansion on London’s most exclusive “billionaire’s row” street in a spectacular £80 million deal. Property and “Chollywood” movie tycoon Wang Jianlin, whose wealth is estimated at more than £20 billion, took a long […]

Britain's insane property market is making 200 people a day millionaires

Britain’s insane property market is making 200 people a day millionaires However, as central London grows ever more expensive, people are looking further out, and east London is becoming increasingly attractive, pushing up prices and creating a huge rise in the number of £1 million houses and flats in these boroughs It’s another sign of […]

Are you east or west London when it comes to property style?

Are you east or west London when it comes to property style? Developer Peabody says buyers in the capital either fall into the traditional, classic style of living west of the River Thames or crave the more quirky, edgy elements of the East End Are you a trendsetter with a quirky, edgy style? If so, […]

Small business in the spotlight … 3rd Home

Small business in the spotlight … 3rd Home Giles Adams, president of the luxury home exchange business, tells us about the sharing economy and how the firm battled the recession Describe the business We are a club for the owners of luxury second homes. If you own a luxury second home you shouldn’t have to […]