Is it high time to buy in super-prime London? Wealth London’s super-prime market has been suffering from a glut of supply in the wake of damaging decision-making from successive governments. Ali Lyon asks, is the tide beginning to turn? To take a walk down Mayfair’s historic Upper Grosvenor Street is to be confronted by a quiet, but dramatic, changing-of-the-guard afoot in one of London’s most [...]
Founder of whisky investment firm Hackstons tied to notorious ‘Wolf of Wall Street’ wine scam Investing A high-flying salesman who made millions during his time at a business that was subsequently exposed as a notorious wine scam is now running a West End whisky investment firm having changed his name, City AM can reveal. Alphie Valentine, 41, is the co-founder and director of Hackstons, whose flagship store opened in Knightsbridge in [...]
Caution persists in London’s prime property market after Budget hit Property A tense political and economic environment has left buyers of prime property cautious in the last few months of the year, with prices dipping in central London. House prices in Knightsbridge and Belgravia fell by two per cent and 1.5 per cent, respectively, while prices fell 0.8 per cent across the capital as a whole, [...]
London’s poshest district is nearly 100 times pricier than the north of England December 23, 2024 Knightsbridge has been named the most expensive district in London and the UK, with the average house price coming in at a whooping £21.4m. That’s nearly 96 times the average price of a home in the north of England. The West London region is home to the capital’s most expensive residential site, Knightsbridge’s One Hyde [...]
Yours for just £35m: Prices at London’s most expensive development revealed December 3, 2024 Luxury apartments at London’s most expensive residential property development ever will hit the market for £35m or more and have already racked up a waiting list of over 600 super-rich buyers. 1 Mayfair, the £2bn super-luxury scheme being ring-led by the Phones4u billionaire John Caudwell, is set for completion in spring of 2026 when it [...]
Mandarin Oriental: Five-star London hotel issues warning ahead of Trump v Biden rematch June 12, 2024 The luxury Mandarin Oriental hotel in London's Hyde Park has warned that the upcoming US election between President Joe Biden and Donald Trump is impacting the number of international guests heading to the capital.