Price cuts for London homes

Price cuts of nearly 20% and a drop in the value of the pound have created ‘Brexit discount’ bargains on some of the most expensive homes in central London — if you have millions of pounds to spare.

The UK property market was one of the first sectors hit by uncertainty after Britons voted to leave the EU on June 23, at one point forcing more than £18bn (€20.8bn) worth of commercial property funds to be frozen.

Some wealthy foreign buyers saw an opportunity, however.