Interest in London real estate remains high: Chris Myers writes for RETalk
Chris Myers, Head of International Residential Real Estate, wrote for RETalk Asia highlighting London’s continuing real estate appeal amongst Asian investors. Traditional drivers such as historical links, the prestige of a British education and long-term capital growth have all been strengthened by opportunities arising from Brexit and a weakened Pound.
Chris discusses the strong appeal of British education for Asian parents who are keen to capitalise on property in London, with many developers choosing to vary deposit structures to meet the requirements of international buyers. He also discusses the increasing demand for cheaper units and bulk deals that capitalise on lower commercial rates of SDLT, popular tactics such as accessing super prime developments at low entry values, and the uncertainty around Brexit encouraging investors to keep an eye out on affordability.
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