2015

July 2015 – Road Closure Leads to Record Mayfair Prices

For the last few years those who like to approach Mayfair from Park Lane, driving past the Dorchester Hotel into South Audley Street or towards Hill Street and Berkeley Square have had their route stymied with the closure of Deanery Street during working hours. The cause is a new luxury development of JUST SEVEN apartments […]

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Wetherell to Chancellor

The knock on effect of the December Budget change in top tier SDLT (stamp duty land tax to 12% over £1.2M) is beginning to be more visible. Total volume of Mayfair sales for residential property in the 1st half of 2015 was down by a third on 2014 and half of 2013. However sales values […]

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June 2015

V verses V & SDLT Volume verses Value is still the issue for residential sales in Mayfair. SDLT (the acronym for Stamp Duty Land Tax) could also stand for “Stall the Deal Level of Transactions” since the Chancellor’s hike in top tier tax to 12% in December 2014. With the majority result in the General […]

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Who Lives in Mayfair 2015

Our updated `Who Lives in Mayfair 2015` report gives an insight into the local population of one of the worlds most prestigious neighbourhoods. Over 5,100 permanent residents, from more than 42 nationalities live in Mayfair and 60% of residents were born overseas. Within that group, 64% arrived in the UK between the ages of 20 and 44. […]

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General Election 2015 – The Result

I now hope that we can take the political rhetoric off the table and return to a more stable residential property market This Conservative WIN is excellent news for the London property market. With the mansion tax threat now off the agenda Government should now focus on creating a more equitable Council Tax upper rate […]

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