Archived story2 articles · 1 publisher
London luxury homes see price cuts of millions as market slumps
- Published
- Updated
- Reports
- 2 from 1 publisher
High-end properties in London's most expensive postcodes, including Mayfair, Marylebone and Little Venice, are seeing significant price reductions amid Labour's tax changes and rising mortgage costs. Charlie Mullins, the 73-year-old 'richest plumber', has cut £3m off his Thames-side penthouse after failing to find a buyer since leaving the country in 2024. He is the latest seller affected by the top-end property market downturn.
AI summary · Original reporting is linked alongside
Morning briefing · the United Kingdom · free
The 10 stories everyone is covering in the United Kingdom, in your inbox at 7 am your time.
grouped.news is free, independent and has no paywall. If it saves you time, chip in.Buy us a coffee ↗