London Luxury Home Prices Plunge as Wealthiest Flee Ahead of Tax-Hikes
20th November 2025
Asking prices for UK homes declined more steeply than expected in November, down 1.8% on a monthly basis – the biggest fall in prices for this time of year since 2012.
Interestingly, alongside UK government budget anxiety, Rightmove pointed to “the decade-high number of homes available for sale” and resulting downward price pressure, mostly affecting the higher end of the property ladder.