WEAK POUND ATTRACTS FOREIGN BUYERS TO THE UK
As UK house prices fall by over 20% and the Pound crashes to record lows against the Euro, UK-based estate agents are reporting rising numbers of international buyers snapping up bargain properties, particularly in London. “European buyers, especially Italians, are piling in to London’s property market and supporting prices locally,” said Peter Rollings, MD of estate agency Marsh & Parsons. “As far as they’re concerned, there’s never been a better time to buy. While the British economy is faltering, the Euro is getting stronger – and this is the result. This week we’ve seen two Italian couples competing … Continue reading WEAK POUND ATTRACTS FOREIGN BUYERS TO THE UK
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