Brexit sparks overseas spending spree in London property   BBC News @InfinityKnowlegde-km4om
Brexit sparks overseas spending spree in London property   BBC News  @InfinityKnowlegde-km4om
Uploaded September 2016 | Updated September 2026, 3 weeks ago
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The pound's devaluation following the EU referendum has triggered a spending spree in London's property market from foreign investors.
But these overseas buyers are no longer just targeting prime central locations.
Changes in stamp duty mean that they are now interested in cheaper properties - pitting them head-to-head against jittery first-time buyers.
Mark Jordan reports.The pound's devaluation following the EU referendum has triggered a spending spree in London's property market from foreign investors.
But these overseas buyers are no longer just targeting prime central locations.
Changes in stamp duty mean that they are now interested in cheaper properties - pitting them head-to-head against jittery first-time buyers.
Mark Jordan reports.
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Brexit sparks overseas spending spree in London property BBC News

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