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Some positive property news – £10 million + sales up

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.

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