Published at: 2015-04-26 22:09 | Author: Andreea Ceasar
The London absorption of high-net-worth individuals is bringing a rising demand for prime residential.
Politicians in this electoral year are applauding the demand, as a proper taxation source.

Prime London housing prices rose by just 2.6 percent on average in 2014, mainly thanks to stamp duty changes introduced in December, which put a damper particularly on higher value markets. In the first half of the year, prices rose by an average of 4.9 percent. However, Savills’ prime London index shows that they fell 2.2 percent after July.

The strongest performers in 2014 was the sub-GBP 1m sect...

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