‘Colossal’ fall in demand for luxury homes in parts of London, data reveals
What has the luxury London market done since the election? The latest Hotspots study, from the online estate agent, eMoov, shows that since the beginning of May, demand in affluent London boroughs such as Mayfair, Belgravia, Notting Hill, Chiswick, and Knightsbridge, fell by 3pc, with a dramatic drop in areas such as St John's Wood. In fact, 60pc of central London boroughs that are classed as luxury have experienced a fall in demand since the start of May. The quarterly study measures the ratio Read more [...]