London prime property prices steady despite Budget and non-dom uncertainty Business Property prices in London’s prime residential market have shown resilience despite buyer jitters ahead of the much-discussed Autumn Budget. While speculation on what taxes Reeves might increase has reached fever pitch – and those taxes are likely to affect the property market – prices picked up in the third quarter. There was a 1.8 per [...]
Why London’s wealthiest are shelling out up to £40,000 a month to rent prime property Property It might seem counter-productive to spend tens-of-thousands of pounds on something you won’t see any return on, but that’s exactly what’s happening in London’s super-prime lettings market at the moment. Properties can range from £5,000 per month to something closer to £40,000, with lettings more often than not arranged off-market. For wealthy families unsure if [...]
Prime London property bounces back after election despite tax uncertainty Property Buyers have returned to prime London properties after the election despite uncertainty around the government’s position on tax changes, new data shows. Sales in July were at their highest on a year-to-date monthly basis, although the average price of a property fell by five per cent on an annual basis, LonRes has found. The number [...]