Earlier this year, a client of buying agent Camilla Dell offered £3mn less than the c£20mn asking price for a home in a premium central London property completed in 2020.
As the months wore on, the seller returned to Dell twice with revised prices above what she had offered. Each time, Dell’s client refused. Finally, a few days after the October Budget, the seller accepted the original bid.
In a new piece for The Financial Times, Camilla reflects on how current affairs are affecting the London property market and leading to more and more situations like this.
Read the full article here.