<div id="readability-page-1">  <p><time datetime="2026-04-21T05:26:00+01:00">    Tuesday 21 April 2026 5:26 am  </time>      <span> | </span><span> Updated: </span>   <time datetime="2026-04-20T17:39:26+01:00">    Monday 20 April 2026 5:39 pm  </time></p>         <div>                                                                                                                 Add as a preferred        source on Google                        </div>    <figure>    <div>       </div> <img width="742" height="495" src="https://imageproxy.pbkrs.com/https://www.cityam.com/wp-content/uploads/2024/09/006-prime-property-57ed523fbbc96-57ed523fda597.webp/query-dz03NDI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://www.cityam.com/wp-content/uploads/2024/09/006-prime-property-57ed523fbbc96-57ed523fda597.webp/query-dz03NDI"/>  <figcaption>First-time buyers are getting older and more reliant on multiple incomes</figcaption> </figure> <p>Affluent Brits are pulling out of the UK property market at pace, the boss of a major London bank has said, as high taxes, burdensome regulation and stagnant house prices prompt investors to look elsewhere for greater returns.</p><p>Ian Rand, chief executive of Monument Bank, which caters for mass affluent account holders with six figures of investable assets, said wealthier customers were turning to other asset classes because even a “vanilla” stock market tracker fund consistently outperforms Britain’s property market.</p><p>“You’re realising that the stories you grew up with from your parents about investing in property being a way to make your many…those stories have gone,” Rand told <em>City AM.</em></p><p>“The idea I had that I’m going to take a pot of money out of my retirement and I’m going to put it in a buy-to-let and not only do I get income from that, but that will appreciate over the next five years…that doesn’t work anymore.</p><p>“In a world where you are paying so much more for stamp duty, you’ve got to know that you’re going to live somewhere for a prolonged period of time in order to make that payment of stamp duty worthwhile. If you’re not convinced of that, you’re not going to move; if there’s no movement, there’s no demand; and if there’s no demand, there’s no price rises, so you’re going to have to look elsewhere [for a return on investment].”</p><h2 id="h-london-prime-property-market-slump">London prime property market slump</h2><p>The remarks come after a <em>City AM</em> analysis revealed the number of sales of prime properties in the capital fell by 37 per cent year-on-year – the biggest drop since 2015.</p><p>Using Land Registry data, <em>City AM</em> has analysed more than 1,000 transactions from the past decade, spanning more than 100 of the capital’s most-sought after residential streets. </p><p>While London’s prime property market reached a high point in 2021, with 156 sales across the streets surveyed, activity plummeted to only 84 transactions last year, the lowest since 2017.</p><p>This marks the biggest decline in activity in the capital’s luxury house market in a decade, nearly triple the size of the next-largest decline (13 per cent) coming in 2016. </p><p>The value of these transactions has stagnated. The best year for sale values came in 2016, when the average price of the sales analysed by <em>City AM</em> stood at £9.4m.</p><p>The average price of transactions last year edged up slightly from the year before – up from £8.6m to £8.7m – but stayed far below the rate of inflation, which by now should have put the average transaction at over £10m.</p><h2 id="h-race-for-affluent-account-holders">Race for affluent account holders</h2><p>It comes as Monument Bank jostles with the UK’s biggest financial institutions to be the top destination for mass affluent customers, with the likes of HSBC, Barclays and Lloyds racing to acquire well-off customers.</p><p>According to its latest annual report, Monument grew its client base to 60,000 customers, with total deposits swelling to £1bn in 2023 to £5bn by the end of 2024.</p><p>The decision earlier this year by Natwest-owned Coutts, a bank aimed at high net worth customers, to treble the threshold for opening an account from £1m to £3m of investable assets, has swung the doors open to Monument and its rivals to snatch up customers who might otherwise have passed through Coutts’ doors.</p><p>Rand said Monument’s focus on technology allows it to expose customers to newer types of investment such as via tokenised assets.</p> </div>

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<p>富裕的英国人正迅速退出英国房地产市场，原因是高税收、严格的法规和停滞的价格，Monument Bank 的首席执行官 Ian Rand 表示。他指出，即使是基本的股票市场投资，回报率也优于房地产。伦敦的高端房地产市场销售额同比下降了 37%，是自 2015 年以来最大的降幅。Monument Bank 正在扩大客户群，目前已达到 60,000 名客户，因为它在与主要银行竞争富裕客户，尤其是在 Coutts 提高了账户门槛之后</p>

‘It doesn’t work anymore’: Wealthy Brits snub UK property market in search of better returns

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‘这已经行不通了’：富裕的英国人正在冷落英国房地产市场，转而寻找更高的回报