‘Greater supply but little choice’ for Mayfair buyers

Knight Frank reports escalating pent-up demand for property in prime London, as sales prices continue to fall

Buyers are not responding to the Covid-19 crisis in the same way as to the 2008 global financial crash or to 2016's Stamp Duty changes, says Knight Frank's Priya Black, who heads up the Baker Street…

Winkworth has reported a 48% surge in central London buying activity (15% ahead of the five-year average), but still describes the market as "muted".