Our News

3 of London’s Hottest New Residential Developments

Robb Report

English buyers will soon have a once-in-a-lifetime opportunity to live near the Queen herself at No. 1 Palace Street. London-based developer Northacre is turning a historic building near Buckingham Palace and the Queen’s Gallery into a private residential structure that will house 72 bespoke flats, giving residents the chance to live in one of the city’s most iconic neighborhoods. Built in 1861 and located in St. James Park, the Grade II listed landmark originally served as a hotel for guests of Queen Victoria.

Live Next to the Queen in One of These Luxurious Developments

The Times

Fancy a peek over Her Majesty’s garden wall? The swanky schemes going up around the palace could be right up your mall.

A waft of sausage grease from a pavement cafe hangs in the air, which reverberates with the discordant din of road and building works. A seemingly endless stream of tourists, many lugging suitcases and clutching souvenirs, clog the pavements — they stop to gawp as a trio of glossy groomed horses, pulling black liveried carriages, deposit steaming piles of manure in the street. Welcome to the hottest of London hotspots.

U.K.'s Landlord Levy Raises $1.3 Billion More Than Expected

Bloomberg

A levy on landlords and second-home owners that roiled sales of property rentals is becoming increasingly important for U.K. government coffers as home sales fall.

The tax raised 1.64 billion pounds ($2.1 billion) in the fiscal year ending March 31, figures published Friday show, a billion pounds more than the Treasury estimated when the levy was announced in late 2015. The charge has been criticized by developers and landlords, who say it discourages people from investing in property and could lead to rent increases for tenants.