‘It doesn’t work anymore’: Wealthy Brits snub UK property market in search of better returns

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First-time buyers are getting older and more reliant on multiple incomeshttps://www.cityam.com/wp-content/uploads/2024/09/006-prime-property-57ed523fbbc96-57ed523fda597.webp?w=1107" />

Affluent Brits are pulling out of the UK property market at pace, the boss of a major London bank has said, as high taxes, burdensome regulation and stagnant house prices prompt investors to look elsewhere for greater returns.

Ian Rand, chief executive of Monument Bank, which caters for mass affluent account holders with six figures https://www.cityam.com/it-doesnt-work-anymore-wealthy-brits-snub-uk-property-market-in-search-of-better-returns/">[...]

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