Why London’s luxury property has taken the biggest hit in a decade

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Townhouses in London's Kensington Gardens, one of the UK's most expensive areas.https://www.cityam.com/wp-content/uploads/2026/04/property-market.jpg?w=1107" />

It’s been almost three years since Emma first put her Kensington home on the market.

With an initial asking price of just over £4m, she turned down a number of early low-ball offers before accepting one only slightly below what she’d wanted.

But after months of dithering, the buyer pulled out at the last minute. https://www.cityam.com/why-londons-luxury-property-has-taken-the-biggest-hit-in-a-decade/">[...]

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