London property to be worst hit from Trump's tariff war: Rightmove

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London property to be worst hit from Trump's tariff war: Rightmove - Business Standard

Quick Summary:

It suggest that a feared drop-off in transactions has so far not materialised, with most buyers who missed the tax deadline proceeding with their deals.

The Royal Institution of Chartered Surveyors has said its gauge of buyer demand reached the lowest level since September 2023.

They tend to be more vulnerable to geopolitical tensions and market turbulence, with top locations like Chelsea, Mayfair and Knightsbridge increasingly reliant on foreign buyers in recent years.