For Henry Stuart, a highlight of the past year was working on an acquisition of ‘what one agent described as the most perfect house in London – and was priced accordingly, north of £60 million’.
He notes that properties around £25-30 million are the sort of values transacting, though perhaps not the values sellers would have hoped for two or three years ago. ‘But they’re still going on and there is activity in that market, although perhaps not the volume we’ve seen in the past,’ he adds.
Head of real estate at Withers since 1991, Stuart says his work interlinks with international tax, English wills and citizenship issues. The link between property and family law is also strong.