Meanwhile, buyer registrations in all other price brackets fell across Britain
Demand for multi-million pound homes is still rocketing as wealthy buyers shake off surging mortgage rates, new research shows.
Buyer registrations for £2m-plus homes in the last three weeks jumped by two-thirds compared to the same period in 2021, according to Hamptons estate agents.
This is in extreme contrast to the rest of the market where buyer registrations in every other price bracket plunged, as huge jumps in mortgage rates destroyed people’s hopes of moving.
On average across Britain, buyer demand fell by a fifth year-on-year and was down by 5pc compared to the same period in 2019, before the pandemic turbocharged the market.