The combination of significantly lower prices for desireable London property and a strong U.S. dollar – both seen as at least in part as the result of uncertainty over Britain's political future as a result of the UK's Brexit troubles – has seen at least some wealthy Americans snapping up some of the most expensive of these London properties, at reduced prices that most people would still consider to be eye-watering.

Four of the largest U.S. banks with a presence in the U.K. have warned their staff that commuting from London to European cities will not be a "long-term option” for them after Brexit, and that financial support for travel and accommodation costs will be withdrawn within months of their jobs being transferred to Europe, the Financial Times has reported.

News that the U.S. dollar was again spiking against the British pound today, on news that Prime Minister Theresa May's draft Brexit deal was coming in for criticism and had prompted two cabinet ministers to quit, was seen as adding fresh complexity to the difficulties American expatriates looking to buy U.K. properties were already struggling with, mortgage industry sources told the American Expat Financial News Journal.