theRatandMouse - London's property blog

"92 per cent of sales done by our Knightsbridge office so far this year were to foreign nationals," says Phil Tennant from Hamptons International.

Desperate vendors. A slow market. A cheap pound. It's not a bad time for wealthy foreign bargain hunters, according to the Telegraph. Hold on tight for the next interest rate cut.

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As a London Home Search and Relocation Agent - I can confirm that my enquiries are up significantly since the initial 1.5% cut in interest rates - these enquiries being from overseas.

Smart investors realise that an overseas investment is as much about exchange rates as it is about the asset you choose to invest in - in this case property.

Kind Regards,

Grant Nicholls
Director
Monument London Realty Ltd
"The London Home Search and Relocation Specialist"
Website @ www.london-realty.co.uk

Thanks for this knowledge but i would like to learn the rate of foreign properties in London. Could you be able to give me an answer about this?