Saul Empson: What the Dickens is going on in the prime property market?
If we all stopped in our tracks every time the papers rang a bell to call the onset of the next property crash, none of us would have bought homes since 1998, says buying agent Saul Empson...
Saul Empson is an independent property buying agent, offering a personal, bespoke service to a small group of private clients. He has been involved in the central London property market since 1985 and spent his first fifteen years as a selling agent selling residential property and running sales offices for some of the big high street names. In 1999 he made the switch to finding and buying property on behalf of clients instead of selling houses and has never looked back.
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Where in PCL have prices been rising fastest over the last 12 months? And which riverside neighbourhood has seen sales soar by 40% on pre-pandemic levels?
London’s super-prime property market ‘has very much found its feet again’ as transaction levels remain high
Spending on £10mn+ homes in London has reached a seven-year high, leading Knight Frank's Rory Penn to suggest that 'for now, the super-prime market in London has very much found its feet again.'
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Following an unprecedented run in 2020 and 2021, the high-end country house market appears to be holding up well, with buyer registrations still tracking above pre-pandemic levels.
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