NVP: steering through shifting currents

At Nicolas Van Patrick, we find ourselves at an especially significant point within the prime central London property market. Over the years, we’ve steered our agency through many cycles – each with its own challenges and opportunities – but today’s environment, shaped by shifting economic policies, reforms, and taxation, presents a particularly complex landscape.

As the incumbent Budget approaches, discussions around potential changes to the fiscal landscape – from adjustments to capital gains tax and stamp duty to possible revisions of non-dom and wealth tax rules – have naturally prompted caution across the market. 

Historically, even the anticipation of reform can influence sentiment, as buyers and sellers pause to take stock of what may lie ahead. Yet, amid these short-term uncertainties, the fundamentals that underpin prime central London remain remarkably resilient. The city continues to attract global capital, talent, and culture; its heritage, legal stability, and enduring appeal as a safe haven for investment continue to anchor long-term confidence.

Our role, as ever, is to provide clarity and direction – helping our clients make informed decisions, as the market adjusts to yet more new realities. When we took over the historic Hobart Slater office, Roger Slater offered an analogy that has stayed with us: the office, he said, “is like a ship that has weathered countless storms yet always found its way back to land”. 

We’ve carried that spirit forward – strengthening the vessel, expanding our capabilities through new acquisitions, and reinforcing our foundations to ensure that we’re equipped for whatever lies ahead. Having recently celebrated 11 years of NVP, we remain steady, adaptable, and optimistic. The journey continues – and we’re proud to have you on board as we navigate the next chapter together.