US buyers £33k worse off than last week as sterling soars

In the latest twist in the whole "squeezed out" debate, reports have claimed that 80% of the units in a series of new Thameside developments have been bought up by foreign purchasers.

Going by recent headlines, you'd be forgiven for thinking that nearly all of London's new-builds were being hoovered up by foreign investors.

Harrods Estates has signed an agency-wide partnership with Chinese mega-portal Juwai.com, as new figures are released on the scale of Chinese investment into the capital's property market.