{"id":127956,"date":"2022-07-24T19:55:25","date_gmt":"2022-07-24T12:55:25","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-number-of-10m-plus-london-properties-sold-as-pound-falters\/"},"modified":"2022-07-24T20:09:16","modified_gmt":"2022-07-24T13:09:16","slug":"record-number-of-10m-plus-london-properties-sold-as-pound-falters","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-number-of-10m-plus-london-properties-sold-as-pound-falters\/","title":{"rendered":"Record number of \u00a310m-plus London properties sold as pound falters"},"content":{"rendered":"


\nDespite Brexit the super-rich pile in, buying up homes including one on Belgrave Square for \u00a390mThe collapse in the value of the pound has led the global super-rich to buy up 61 luxury London properties each worth more than \u00a310m in the first six months of 2022 \u2013 the highest number in a decade.The total value of \u00a310m-plus homes changing hands so far this year has topped \u00a31bn as international buyers continue to be attracted to London despite Brexit. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Record number of \u00a310m-plus London properties sold as pound falters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Despite Brexit the super-rich pile in, buying up homes including one on Belgrave Square for...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-127956","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-xhO","jetpack-related-posts":[{"id":136616,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/londons-super-prime-property-market-back-to-pre-brexit-levels\/","url_meta":{"origin":127956,"position":0},"title":"London\u2019s \u2018super-prime\u2019 property market back to pre-Brexit levels","date":"May 11, 2023","format":false,"excerpt":"\r More than 160 luxury homes worth \u00a310m or more have been sold in past year at a combined price of \u00a33.1bnMore than 160 properties worth \u00a310m or more were sold in London over the past year \u2013 the most since 2016 when Brexit spooked the global super-rich from investing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30339,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sales-of-luxury-london-properties-collapsed-by-86-in-past-year\/","url_meta":{"origin":127956,"position":1},"title":"Sales of luxury London properties collapsed by 86% in past year","date":"October 17, 2016","format":false,"excerpt":"\r Developers scale down most opulent projects, with newbuilds divided into smaller homes, as increased taxes blamedBillionaires are shunning the London luxury property market, with sales of \u201csuper prime\u201d \u00a310m-plus homes in the capital collapsing by 86% over the past year.Just five properties were sold for more than \u00a310m in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140701,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/high-end-house-sales-are-up-in-london-with-175-fetching-10m\/","url_meta":{"origin":127956,"position":2},"title":"High-end house sales are up in London, with 175 fetching \u00a310m","date":"December 15, 2023","format":false,"excerpt":"\r Figure is highest since 2014, when stamp duty changes came in, and one property sold for \u00a342.9mAlmost 200 homes in London have been sold for \u00a310m in the past year as the super-rich\u2019s pandemic-inspired desire for a place in the country wanes compared to their wish for swish bolt-holes\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111417,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/super-rich-renting-london-homes-for-5000-plus-a-week-amid-brexit-worries\/","url_meta":{"origin":127956,"position":3},"title":"Super-rich renting London homes for \u00a35,000-plus a week amid Brexit worries","date":"October 7, 2019","format":false,"excerpt":"\r Weak pound means overseas tenants able to increase budgets, says Knight FrankMounting uncertainty around Brexit and the global economy has prompted growing numbers of super-rich people to rent rather than buy in London, with demand for lettings at \u00a35,000-plus a week hitting a seven-year high. Knight Frank, the upmarket\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95411,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/63m-for-a-five-bed-london-home-its-a-snip-as-the-super-rich-cash-in\/","url_meta":{"origin":127956,"position":4},"title":"\u00a363m for a five-bed London home? It\u2019s a snip as the super-rich cash in","date":"August 4, 2018","format":false,"excerpt":"\r Prime property prices in London are falling. But at the very top of the market, sales are booming as billionaires hunt for bargainsLuxury property developer Christian Candy has sold the former head office of his business empire \u2013 now refurbished into an opulent five-bedroom home complete with an underground\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78897,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/anger-over-glut-of-posh-ghost-towers-planned-for-london\/","url_meta":{"origin":127956,"position":5},"title":"Anger over glut of \u2018posh ghost towers\u2019 planned for London","date":"February 4, 2018","format":false,"excerpt":"\r Councils in capital have approved thousands of \u00a31m-plus flats despite crisis in affordable housing, new figures showLondon councils have granted property developers planning permission to build more than 26,000 luxury flats priced at more than \u00a31m each, despite fears that there are already too many half-empty \u201cposh ghost towers\u201d\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/127956"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=127956"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/127956\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=127956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=127956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=127956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}