Tag: PrimeResi

Budget 2025: Hopes, Fears and Expectations

Posted on by Rosalind Sack

Amid mounting speculation on potential property tax rises, Head of The Buying Solution Will Watson spoke to PrimeResi about his hopes, fears and expectations ahead of the Budget announcement on 26th November 2025.

People in street outside Houses of Parliament. Westminster, London, UK.

With all manner of potential property tax rises rumoured in recent months – including a so-called ‘mansion tax’ on homes worth more than £2 million, capital gains tax on primary residences and replacing stamp duty with an annual levy – there has been much uncertainty in the market.

Will was one of 50 industry leaders, including estate agency owners, sales brokers, luxury developers and financiers, to share his views on the upcoming Budget in PrimeResi and why he believes that modernising council tax would be the most practical reform.

Read the article here.

Could a New Property Levy Replace Stamp Duty?

Posted on by Rosalind Sack

As speculation continues that the Treasury is considering major property tax reforms ahead of the Autumn budget, one option on the table is replacing stamp duty with a new levy on homes sold for more than £500k. Our Partner and Head of the Cotswolds, Harry Gladwin, shares his reaction in PrimeResi.

Sarah Frances Kelley for The Buying Solution

While a new ‘proportional’ national property tax would aim to provide a steadier revenue stream, it’s thought that it could have a significant impact on liquidity, pricing and transactions across the UK market. Talking to the luxury property journal PrimeResi, our Head of the Cotswolds, Harry Gladwin, comments on the impact of such a tax on his region and how it could reinforce the value gap in the market.

Read the article here.

What’s Causing the Great Country House Slowdown?

Posted on by Jessica Jonzen

It’s a testing environment in the prime country house market, Idina Glyn of Mishcon de Reya reports for PrimeResi, with insights from our Partners Mark Lawson and Harry Gladwin.

Speaking to Idina Glyn, Partner in the Private Group at Mishcon de Reya, specialising in advising landed estates, UHNW individuals, rural businesses, and charities, Mark said: “After over 30 years of selling and buying in the country, I have never known such a challenging marketplace.”

Harry notes: “here’s a noticeable flight to quality: buyers are more discerning, less willing to compromise, and very value-conscious, so anything that’s compromised – whether on location, presentation or condition – is sticking.”

Read the article here.

Prime Property Insiders React to Non-Dom U-Turn Rumours

Posted on by Rosalind Sack

As reports suggest that chancellor Rachel Reeves is considering changes to the inheritance tax rules for non-doms, Head of The Buying Solution Will Watson shares his reaction with PrimeResi.

Sarah Frances Kelley for The Buying Solution

“The changes have had a hugely negative impact in the short to medium term with a significant exodus from the London market,” says Will. “Reeves announcement gives a renewed optimism to the prime London market. This coupled with the feeling of unrest elsewhere such as the Middle East, and feeling that many other cities just cannot offer what London has are likely to halt decisions to relocate entirely while they wait and see.

“There is no assurance which way this will go, but for us this signals a window of opportunity ahead of the Autumn budget as a great window to buy well. As if non-dom taxes are then reduced at the October budget the buyers will return back quickly and with confidence.”

Read the article here.

The Buying Solution in PrimeResi

Posted on by Jennifer Hudson

Will Watson from The Buying Solution shares insights with PrimeResi on why London remains the top choice for high-net-worth individuals this Autumn.

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The Buying Solution in PrimeResi

Posted on by Jennifer Hudson

Will Watson of The Buying Solution speaks to PrimeResi following the 4th July General Election announcement and what this means for the property market.

Will says “Calling an election in July is positive news for the property market – there are many buyers and sellers sitting on their hands waiting for clarity. We want the election over so the market can adjust and all the questions surrounding non-dom status can be addressed more quickly, particularly if we have a new Labour government.

There is nothing worse, for any market, particularly property, than political uncertainty. When the dust settles post July 4th we might even have a Summer/Autumn flourish with more demand and vendors deciding to sell.”

Read more here

The Buying Solution in PrimeResi

Posted on by Jennifer Hudson

Will Watson and Mark Lawson of The Buying Solution speak to PrimeResi about the potential impact the proposed changes to non-dom status in the UK will have on the property market.

Read more here