Ollie Marshall: How the past few years have created a 'perfect storm' for dollar-based purchasers

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Neighbourhoods with the greatest international appeal are likely to outgun mainstream UK markets for the foreseeable future.

Written by

Ollie Marshall

Director at Prime Purchase

Ollie joined Prime Purchase in September 2021, after more than 20 years working in the prime central London market. During that time, he co-founded Brooks Marshall, which he ran for nine years before turning his hand from selling to buying.

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News

The average time it takes a new property listing to find a buyer has fallen by 42% since 2016, according to some new research. But conveyancing is taking longer than ever.
Feature

Top-end London property brokers are enjoying a bonanza of urgent interest from wealthy international buyers with US dollars to spend, looking to take advantage of a significant currency discount.
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We are in a new era where to batten down the hatches and hide entirely is no longer a viable option, says Ollie Marshall - and some may feel that sitting in a house is safer than being perched on the…