Will global London break from the mainstream?
On the ground, the impact of the recent political chaos is still far from clear, report buying specialists Richard & Sophie Rogerson...
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Richard Rogerson specialises in advising wealthy families and individuals on prime and super prime residential property in London. He has discretely advised on some of the most high profile, high value and highly sensitive transactions in London; Sophie Rogerson is the Managing Director of RFR and leads the Search & Acquisitions team, having spent the last decade finding and securing the finest homes in London for her private clients.
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.
Agency reports ‘sense of urgency’ in London market as more interest hikes loom
Sales enquiries across Chestertons’ 32 branches were up by 39% last month
Weak sterling opens a ‘window of opportunity in London for Middle East investors’
JLL estimates that sterling buyers are currently paying 35% more for London properties than they were in 2014, while those purchasing in US dollars are paying 3.8% less.
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