Sales of £5 million-plus properties defy prime London slump
The National · 12 Nov 2026

Sales of £5 million-plus properties defy prime London slump

Sales of properties in London’s prime neighbourhoods slumped last month as the UK government's budget put a pause on transactions, figures show. There were 17.5 per cent fewer sales transactions in October than a year earlier, and 6.6 per cent fewer than the October average for the pre-pandemic years of 2017-19, according to figures by property data firm LonRes. The number of sales was the lowest in any October since 2018, LonRes said.


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