Prime Central London’s property market has been shaped by major global economic and political events over the past 25 years. From the early 2000s super-prime boom, through the 2008 financial crisis, to recent political uncertainty, London’s status as a stable, attractive international hub remains a key factor for buyers.
Ashley Wilsdon, Head of London Buying at Middleton Advisors, reflects on the evolving appeal of London in Prime Resi:
“London seemed the epicentre of the world, somewhere safe and cultured where the rule of law was strong and education was excellent.”
“It was an era of iceberg mansions in Kensington when all anyone was talking about was Russian money. Knightsbridge, Mayfair and Belgravia all benefitted as we saw the emergence of a new, opulent and luxury-driven high-end PCL market.
“Just as before the GFC, 2010 – 2014 was a buoyant period giving big gains in PCL.
“Globally speaking, London was a hugely attractive place to spend time and to put your money.”
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