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Category Archives: UK

Conditions in London in 2018 could suit long-term foreign investors

The negative growth and drop in asking prices seen in London’s luxury property market in 2017 could favour foreign investors buying there in 2018 for the mid to long term, in particular those using dollars or euros, said InternationalPropertyForSale.com in January. Analysts forecast that Sterling has little chance of recovery...

Posted on 22 January 2018

International tourism breaking records in 2017

Tourism isn’t just booming in hotspots like Brits perennial favourite Spain, where a staggering 76 million visitors headed to catch some rays in 2016 – a figure that is predicted to rise by as much as eight million by the end of 2017. This upward trend is being felt across...

Posted on 24 November 2017

Worst over for London’s prime market, as prices and falling interest begin to stabilise?

Signs point to a rebound in the depressed Prime Central London (PCL) market in 2017, with agents recording rises in transactions as well as stabilising prices during recent months. Transactions across the PCL market were 27 per cent down in the first quarter of 2017 compared to the same period...

Posted on 11 May 2017

Weak Sterling driving interest in London, as foreigners find their favourite spots

International interest in the London property is expected to be driven by the weak pound during 2017, countering any negative sentiment about Brexit, according to leading estate agents in the UK capital. London is regarded as stable and resilient, and estate agents are finding that cash-rich buyers from Europe, the...

Posted on 10 February 2017

Leading UK property expo attracting strong international interest

The UK’s largest domestic exhibition and conference for property professionals, MIPIM UK, has announced that the attendance of international investors and financial institutions is to be higher than ever at this year's event. AustralianSuper, Fosun Property Holdings, GIC Real Estate, PGGM, Qatar Investment Authority and Teacher Retirement System of Texas...

Posted on 14 September 2016

Why the Brexit backlash could be a blessing for London’s luxury property market

Financial markets reacted sharply immediately after the UK voted for Brexit, with the pound touching 30 year lows and global equity markets initially crashing up to 10 per cent, although there could be a silver lining for the Prime Central London property market. Cast your mind back to 2008 in...

Posted on 27 June 2016

Property sales in PCL London slowing, but lettings market remains strong

Uncertainties in the global economic outlook combined with recent changes to tax rules are unsettling the London housing market, says agents in the capital, adding, however, that the weakening Pound should make it more attractive to foreign investors. According to research firm LonRes, the volume of transactions in Knightsbridge &...

Posted on 03 April 2016

Weak Sterling and rocky global markets drive foreign interest in London in 2016

Weak Sterling and rocky global markets drive foreign interest in London in 2016 Sterling’s fall in value since the start of 2016 has made investing in the UK more attractive to wealthy foreigners, according to property firms in London, who report notable interest from dollar-based investors in the Middle East....

Posted on 02 February 2016

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