Press Coverage in Telegraph: How Labour sucked the life out of London’s luxury neighbourhoods

Published 15 August 2025

In Knightsbridge, the streets thrum with the sound of supercar engines as their Middle Eastern owners escape the searing summer heat at home, but they’re not shopping for properties. Maskells estate agency has calculated that, in four squares that are usually key markets for international buyers, there are a total of 101 flats on the market, of which only 10 are under offer.

“Between 2014 and 2024, 71pc of the properties we sold were bought by international buyers,” says Charles Curran, of Maskells. So far in 2025, almost 70pc of the properties we have sold were bought by domestic buyers.

Read the full article in Telegraph

Posted on Monday, August 18, 2025