Some 150,000 homes across England and Wales would be caught up in Rachel Reeves’ proposed Mansion Tax, according to Tom Bill (pictured), Head of UK Residential Research at Knight Frank. The estate agency’s analysis shows that the annual 1% levy on property values above £2 million would overwhelmingly hit London and the South East, reviving…
Lomond has announced the acquisition of two regional agencies, one in Aberdeen, the other in Kent Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe
The UK’s 750,000 accidental freeholders – ordinary homeowners who followed the law to buy out their freeholds – have been betrayed by the Government’s leasehold reforms, which strip away their hard-earned investments and pile on crushing new risks. Far from delivering fairness, the reforms hand unearned windfalls to non-participating neighbours, destabilise freehold values, and saddle…
Franchise agency giant TPFG has announced major share incentives for its top executives worth hundreds of thousands of pounds. Ben Dodds, Chief Financial Officer, TPFG Chief Executive Gareth Samples (main picture) and CFO Ben Dodds will be the main beneficiaries if the company performs well in the next three years. Michelle Brook, Executive Director, TPFG…
A campaign against the spread of HMOs in Gravesham, Kent, has won backing from hundreds of local residents, and pushed forward the council’s plans for introducing an Article 4 Direction. Supporters of the “Say No to HMOs” campaign fear increasing numbers of shared houses could turn streets into “transient communities” and damage the family nature…
Croydon Council is consulting on plans to introduce selective licensing across 14 wards that would require thousands of private landlords and their letting agents to obtain licences for properties. A third of the borough’s housing stock is privately rented, which is significantly higher than the 19% national average and it is expected to continue rising….
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