Amenities at London’s most expensive new luxury housing developments are getting increasingly competitive. Just having a hotel-size pool, a spacious gym and 24-hour concierge service is no longer enough to attract ultrahigh-net-worth buyers.
Photos of Rory and Charlotte’s north London flat, listed for sale in April, show the period features, the natural light, the terrace. But, in almost every photo, curled on the bed, peering down the hallway or standing in the kitchen, is a silent observer: their black cat Dusty.
A few days ago, the British comedian Simon Brodkin went viral on social media when he asked some New Yorkers what they thought of Rishi Sunak. “Of who?” most of them replied. Oddly a few thought he was a DJ. “Techno DJ. Doof doof doof.”
This week alone I must have been sent a dozen invitations to champagne-fuelled property launches. The last time I was being sent this sort of invitation was before the financial crisis.
Property transactions are at a standstill, with the number of homes sold this year a third lower than in 2022. Buyers have seen their budgets slashed by the mortgage chaos while sellers’ expectations of what their homes are worth have yet to catch up with the current reality.
Non-domiciled status came into being back in 1799, in response to the growth of the British Empire around the world. It meant British subjects living in far-flung colonies did not have to pay taxes in the UK.
Multi-award-winning buying agency Black Brick is expanding out of prime central London, the Home Counties, and the South East following its most successful start to any year to date.
Black Brick is expanding out of prime central London, the Home Counties, and the South East, with the launch of a new country and coast department.
Property buying agency Black Brick has set up a new arm covering locations across the West Country.
The Mayfair-based firm’s new country and coast department, launched to coincide with this year’s spring market, will be overseen by two new recruits – both of whom will be based out in the field.
There were hopes that the Spring Budget 2024 could bring new schemes to help first-time buyers and surprising tax cuts.
The property industry seems underwhelmed by this year’s Spring Budget. Chancellor Jeremy Hunt set out a suite of tax tweaks and spending pledges, but stopped short of pulling any blockbuster moves.
Jeremy Hunt is preparing the next big outing for HM Treasury’s red box, limbering-up to make a suite of tax and fiscal policy announcements next week. His speech on 6th March will very likely be the last big Budget address before the next General Election – which means the Chancellor is more likely to pedal vote-garnering tax-cutting policies than in a less politically-charged year.
