London's high-end property market remains resilient, with a 25% increase in sales of homes over £5 million in late 2024, despite political and tax uncertainties. While prices have softened slightly, particularly in prime Central London, demand from domestic and international buyers, especially Americans, continues to drive activity, particularly for move-in-ready homes. The market is evolving into a two-tier system, with a clear divide between properties under and over £15 million, as off-market deals become more common.