Stamp Duty Prime London: 194% Rise in a Decade
Stamp duty in prime London has risen 194% over the past decade — four times faster than house price growth. For owners in Kensington, Chelsea, and Mayfair, that burden is quietly keeping people in properties that no longer suit them. This week’s bulletin also covers the government’s biggest home-buying shake-up in a generation, Morgan Stanley’s £1.05 billion acquisition of London’s largest PRS portfolio, returning international buyer appetite, auction volumes rising as fallthrough rates bite, and why the seven-year IHT gifting rule remains the most underused tool in prime London estate planning..
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