3rd January 2025
Reeves’ Budget taxes now hitting high end of London’s property market
High-end agency Savills says average values across prime central London remain suppressed (-0.8% in the final quarter of 2024), as the impact of the Budget is felt in locations with the highest concentrations of wealth, and a more international buyer base. Those factors weighed heaviest in the markets of Knightsbridge (-2.0% in...
