Article 61RA4 Record number of £10m-plus London properties sold as pound falters

Record number of £10m-plus London properties sold as pound falters

by
Rupert Neate Wealth correspondent
from World news | The Guardian on (#61RA4)

Despite Brexit the super-rich pile in, buying up homes including one on Belgrave Square for 90m

The collapse in the value of the pound has led the global super-rich to buy up 61 luxury London properties each worth more than 10m in the first six months of 2022 - the highest number in a decade.

The total value of 10m-plus homes changing hands so far this year has topped 1bn as international buyers continue to be attracted to London despite Brexit.

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