Londoners on the move: How 'rebalancing priorities' are influencing the post-lockdown decisions of four key London buyer types
Savills' research team has profiled four key London buyer types and how their changing wants and needs are impacting the prime residential markets. Here's what's making Upsizers, Extended Commuters, House Swappers, and Super-prime Buyers tick in today's market.
More spent on super-prime homes in London this year than last, despite the pandemic
Knight Frank reports that £1.13bn was spent on £10m+ homes in London in the first eight months of this year - 16% more than the £977.5m recorded in 2019.
Prime buyer demand rises in London, except for £10m+ homes
Estate agency Benham & Reeves has ranked which prime London areas and price brackets are seeing the highest levels of buyer demand.
Prime Central London ‘has now bottomed out’ – Savills
Back to work plans are boosting demand for town and city homes, says Savills, but the country house and coastal property markets are still riding high.