Wealthy dollar buyers pounce on London property as sterling slumps
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.
London property prices set to fall 12% in the next two years, but the top-end seems resilient – Capital Economics
Prime Central London will “continue to outperform” the wider London and national UK property markets, says Capital Economics, as it issues another set of downbeat forecasts.
London’s super-prime sales pipeline surges as wealthy buyers return from the USA & Middle East
A busy summer of high-end dealmaking points to a strong sales season through to November at least.
London’s Red Squares: Exploring the capital’s hotspots for HNW Russian property buyers
"An attraction of the UK as a whole for Russian buyers was that they felt their assets were safe here," says estate agency boss Mark Pollack.