Alex Mosley

London Buying Agent at Perrygate.

Sharing London property market data/architecture/planning news.

[Dan Neidle @DanNeidle]

This is an important question. Any new annual tax should credit recent stamp duty (say last ten years on a tapering scale).

Otherwise v unjust to recent buyers who paid a fortune in stamp duty.

But we *must* eliminate stamp duty. It’s an awful tax.

[Samuel Hughes @SCP_Hughes]

Change on a London street, 2008 and today. The previous building was not meritless and the replacement is not perfect, but I would say London is a net beneficiary here.

[Alex Mosley @Perrygate14]

London Property Market Update: Summer 2025

- Further leasehold reform?
- Non-dom U-turn?
- Knightsbridge's woes continue
- Is West always best?
- Everchanging London

https://t.co/ARyBTkXdyI

[Alex Mosley @Perrygate14]

This would be nice, but with property growth not always outpacing inflation in the most expensive parts of London, I'm not sure any gov would go for it? HM Treasury seems addicted to Stamp Duty receipts...

[Merryn Somerset Webb @MerrynSW]

The discussion about property tax in the U.K. is pointlessly complicated. Drop stamp duty. Replace with indexed capital gains tax on sale. Easy.

[Alex Mosley @Perrygate14]

@davidbyers26 True. Negotiating a fair value price on a Prime Central London property is a lot harder than something in Zone 2/3 where buyer/seller expectations are more aligned.
However London as a whole seems to be faring worse than most of the UK.

[Alex Mosley @Perrygate14]

Non-dom tax changes, higher rates of SDLT and Sterling strengthening against US Dollar are all working against Prime Central London.

Nice to see a property article without any needless spin!

[Financial Times @FT]

Non-doms’ retreat hits London’s prime housing market https://t.co/tp1sXDyggf

[Alex Mosley @Perrygate14]

A reminder that Prime Central London has significantly underperformed other London neighbourhoods since 2014.

Punitive rates of SDLT at higher purchase prices, non-dom tax changes and the gentrification of other areas have all played a part.

[Alex Mosley @Perrygate14]

This is literally the exact opposite of what has happened at Nine Elms!

Sir Sadiq highlighted...Nine Elms, in the city’s southwest, as an example of "gold brick" investments where properties are left unoccupied....the price of the flat will go up".

https://t.co/Ejizf0CX9T

[Alex Mosley @Perrygate14]

Spring 2025: London Property Market Update

- Tariff Wars and London Property
- Uptick in US interest
- Overvaluations abound
- Motivated vendors the key

https://t.co/avRNDvMo6B

[Alex Mosley @Perrygate14]

A local resident's take on the Prime Central London property market which you won't read in press releases.

Stamp Duty has risen to a level where many baulk at the entry cost and walk away.

https://t.co/4DxSyk60pv

[Alex Mosley @Perrygate14]

London Property Market Update: Winter 2024

- Autumn Budget unfavourable to PCL
- Mind the Gap?
- When (and when not to) renegotiate?
- Leasehold Reform - Uncertainty Prevails
- Earl's Court's Grand Designs

https://t.co/cXpP0ULPjW

[Alex Mosley @Perrygate14]

Mind the Gap

Savills predicts London's property market to underperform the rest of the UK.

Unsurprising given stretched affordability and no major influx of overseas buyers. The additional 2% SDLT on a second property will also impact the capital more.

https://t.co/5iP1oYdGb5

[Alex Mosley @Perrygate14]

@davidbyers26 The commidization of conveyancing firms also doesn't help with larger chains.

Shame agents are facing abuse and hope managers are making it clear to clients that it won't be tolerated.

[Alex Mosley @Perrygate14]

London Mansion Blocks - A Buying Agent's Guide

The good, the bad and the ugly

- A brief history
- What are their pros and cons?
- Are they hard to renovate?
- What should I pay attention to at a viewing?

https://t.co/VT9L0hPOEu

[Alex Mosley @Perrygate14]

Excellent read from @HarryScoffin, including this historical tidbit.

"It is easy to forget, but last time the freeholder lobby sued government for breach of their human rights, they lost."

https://t.co/k7CTdWFhto

[Alex Mosley @Perrygate14]

UBS currently feels the London housing market isn't in bubble territory. Makes sense given the relative lack of house growth since 2014 in most central neighbourhoods.

https://t.co/bL3CIRQvCQ

[Alex Mosley @Perrygate14]

London house prices underperform the rest of UK in July.

https://t.co/g6YIFJl0jR

[Alex Mosley @Perrygate14]

@John_Stepek Prime Central London is looking a lot less robust than most of the UK. Impending non-dom changes are likely having a disproportionate affect there.

[Alex Mosley @Perrygate14]

Sobering house price data across Prime Central London.

Annual change in achieved price (LonRes: Q2 2024)

Kensington/Notting Hill /Holland Park: -0.8%

Knightsbridge / Belgravia: -6.1%

Chelsea: -9.3%

South Kensington: -9.5%

Marylebone : -11%

[Samuel Hughes @SCP_Hughes]

Adding density in cities is important, but tends to be contentious, so it is normally wise to do it in the most unobtrusive and deferential way possible. Here is a model example from Covent Garden in 2022: two storeys added with effectively zero impact on character.