The spread of the coronavirus (COVID-19) throughout the country has resulted in an almost complete standstill of the housing market as buying and selling property has effectively been put on ice.
Stamp duty has become the UK government’s “fiscal weapon of choice” in the housing market but calls for a full-scale overhaul of the property tax are growing as new surcharges and reliefs spark criticism of an increasingly unwieldy regime.
Typically, after the Christmas break, the housing market in London is “an absolute desert,” says Simon Barry of Harrods Estates. This year is a different story, he says.
Less than 24 hours after the Conservative party victory in December’s general election, interest in south London’s prime property market was already picking up.
The sheer drama of driving – let alone parking – in cities, along with a bigger push to be healthy and walk or cycle instead, is seeing super-rich buyers increasingly willing to forego off-street parking spaces with their multi-million pound mansions.
Pssst… are you “off-market”? No, I don’t mean married — is your house on a secret list of properties for sale?
Londoners thinking of selling their homes appear to be postponing their decision until after the result is known of the General Election on December 12.
Vastu, often seen as an Indian version of feng shui, dates back thousands of years. Tips for house construction include performing puja rituals on auspicious dates, preferably after consulting an astrologer.
Many Americans would have us know that they “saved” us from the Germans in the Second World War. As we approach the 75th anniversary of the Normandy Landings, I’ll leave that heated debate for another day.
Knightsbridge, Chelsea… Reading? Melissa York reveals the property portfolios of the under-30 and minted.
How much would you pay for a 20,000 sq ft neoclassical mansion close to London’s Buckingham Palace, complete with an underground extension and private formal gardens — not to mention the swimming pool, gym, spa and staff quarters?
Vincent Flynn can see into the future. “I know what shape and size London will be years ahead of other people — that is one of the joys of this industry.
