Hampstead mega mansion asking price slashed by £4 million as inflation and interest rates hit luxury housing

After a string of interest rate hikes and with the cost-of-living-crisis still biting, homeowners across the capital have had to reduce their price expectations.

But the impact this has had at the top end of the market is well illustrated by the whopping £4 million that has been lopped off the cost of a Georgian mansion in Hampstead Village this summer.