In the Press

£10 million is no longer enough to buy ‘an amazing family home’ in prime central London

There's 'a real lack of stock' and a 'competitive landscape' for super-prime London property, according to leading property advisers.

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Format Online
Read time 1 min read

How much does a prime property in London now cost? Black Brick’s Camilla Dell discusses the super prime central London property sector this week in Spear’s.

Sitting down amongst a panel of property experts who specialise in sourcing the capital’s most luxurious properties for high-profile clients, Camilla shared her perspective on how international buyers are down at the moment compared to times before the pandemic.

She added, though, that, “there’s a huge amount of interest at the moment from [HNWs who are] US dollar-based”.

“At the moment, we’re seeing a lot of clients from emerging market countries,’ Dell said, noting that buyers who had recently made money in the oil and gas industries were particularly prevalent. ‘London for them is looking really quite cheap at the moment”, she continued.

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