Real Estate

A New Diplomatic Anchor at Tower Hill—and a Tailwind for Local Residential Demand

The UK has now approved plans for a large new Chinese embassy complex at Royal Mint Court, a highly visible site on the eastern edge of the City, close to the Tower of London. The decision—signed off on 20 January 2026—grants planning permission (and listed building consent) for a comprehensive redevelopment to create an embassy use, including refurbishment of listed buildings and a new entrance...

Stamp Duty cut 22 September 2022

The government has cut stamp duty tax in England and Northern Ireland for some buyers. The amount of stamp duty you pay depends on the cost of the property. Chancellor Kwasi Kwarteng announced the permanent changes as part of the government's mini-budget. The price at which stamp duty is paid was doubled from £125,000 to £250,000. The rates are now: 0%: £0 - £250,000 (£425,000 for...

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