Some positive property news – £10 million + sales up
January 3, 2019
With Brexit being blamed for everything from the price of sandwiches to a slump in property prices, it is good to see some figures from London bucking this trend. 2018 saw a 50% increase in the higher end of the property market sales of homes of £10 million and over.
It is not an overly busy market with only 300 or so sales of £10 million plus property in 2017 and 200 back in 2016 with a third of purchasers being second home owners.
Latest figures from HMRC via Octane Capital.