Fly into London on Tuesday morning and back to Milan, Lisbon, Madrid or Paris on Wednesday evening. This is the emerging pattern I am seeing among some owners of super-prime property: a weekly day or so visit to London that has become a way of life. The capital might not be their full-time base any more but it is still an anchor for social and business life; the city remains important to them.
This behavioural shift, which began during the pandemic and has been accelerated by tech and tax changes, has seen some of Knight Frank’s wealthiest clients move their primary residences to outside the UK. Likely as a result, budget allocations have been reassessed at the very top end, for those buying a home here.
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