London, UK – December 20, 2024 – The UK’s luxury property market is undergoing a significant transformation, with British entrepreneurs reclaiming their place as dominant players in the high-value real estate sector. After years of foreign ownership, entrepreneurs from fields such as AI, tech, crypto, and private equity are acquiring some of the country’s most exclusive homes.
Our CEO, Islay Robinson, was recently invited to share his insights on this shift in this Express article, 'Luxury homes are back in British hands as UK entrepreneurs lead the charge.' Highlighting the changing demographics of UK property buyers.
"Brits are investing in Britain again," Robinson said. "Our fastest-growing area of enquiries is from entrepreneurs who have built their own business in AI and tech, as well as crypto and private equity finance."
He added: "Many of these clients have turned their hobbies into lucrative businesses. One of my high-net-worth clients is a British entrepreneur who designs furniture. As a business owner myself, I find it inspiring to see these clients’ journeys."
Robinson also noted the rise of investments from those who've made their fortunes in social media, including influencers and creators. He explained: "Enness will loan money against their digital income to afford their dream home."
London’s Prime Locations
While London remains a hotspot for high-value properties, the focus is shifting.
- Hampstead and Marylebone are gaining popularity among buyers seeking prestige and charm.
- Bayswater is becoming increasingly attractive due to innovative new developments.
- Knightsbridge and Mayfair retain their reputation for heritage properties, drawing both domestic and international buyers.
Key factors such as family priorities and transport infrastructure are also influencing decisions. Schools like Westminster and St. Paul’s remain a draw for families, while the Elizabeth Line enhances the appeal of areas like Canary Wharf for City workers. Football enthusiasts continue to favour Chelsea’s proximity to luxury homes.
Supporting Complex Financial Needs
"For anyone with complex assets, navigating finance is still a challenge," Robinson explained. "It seems regardless of wealth, whether it be billionaires or furniture designers, Britain’s financial elite prefer keeping their interests local."
As British entrepreneurs lead the resurgence of the UK luxury property market, their stories reflect renewed confidence in both British business and real estate investment.
You can read the article here.
