Montpelier Square mansions halved in price — still no buyers in London's Knightsbridge

Luxury Georgian-style mansions on Montpelier Square in London's Knightsbridge district are failing to sell despite price cuts of up to 50%. Experts say the case highlights broader problems in the British property market, including high running costs, taxes and economic uncertainty that deter even wealthy buyers. Private gardens and a prestigious address are no longer enough of an incentive.