“Tedworth’s insights are being sought globally…”
2018 has begun in a positive fashion and the market is seeing some high value transactions taking place in prime central London. In previous property cycles, the super-prime market has often been the first to slow, but conversely the first to recover, and perhaps this cycle is no different. Purchases of £10m+ properties are made by hugely successful business people or by UHNW families (who are advised by hugely successful business people) who are the masters of making shrewd decisions.
Buyers entering the market now are taking advantage of continued low interest rates, favourable exchange rates and in many cases realistic pricing. Many international businesses are thriving and buyers are sensing that now is the time to invest in the UK, realising perhaps that the taxation system which was revised over the past few years is here to stay.
Over the past month, Tedworth’s thoughts have been widely sought in the national and international press. We have contributed to articles for The Telegraph, The Times, The Mail and have been interviewed by the Al Arabaya Middle Eastern news network for our views on Donald Trump and the sale of the US Embassy in Mayfair.
Please do get in touch if you would like to discuss the Prime Central London property market either as a seller or buyer, or as an advisor.