During the pandemic, there was a noticeable lull of international buyers in London but as the capital is started to bounce back and travel has resumed, the trend has inevitably returned.
Although the market is still saturated with British buyers, this is expected to soon change with investors specifically from the Middle and Far East hoping to spend their profits from the booming oil and gas market.
Head of London Buying, Ashely Wilsdon speaks to Sunday Times: “I’ve been out looking at large lateral apartments in Knightsbridge and Mayfair for between £3 million and £10 million with clients from the Middle East and Far East,”
The flat market is also on the path of return as the London social scene is picking up. Buyers who chose to leave the city during the pandemic looking for space and relaxation, are now looking for a pied-à-terre in areas like Knightsbridge and Westminster
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