Overseas buyers race to secure London property bargains after Brexit vote
Posted by Micheal Thomas on Jun 25, 2016 |
“This morning we agreed a sale of a house in Belgravia to an Italian client who is making in total a 12 per cent saving, partly due to the currency,” said Charles McDowell, a Chelsea-based estate agent. “The currency meant he got an extra discount on top of a discount on the asking price.” The buyer planned to convert the cash...
Nervous home buyers offered ‘Brexit clauses
Posted by Micheal Thomas on Jun 15, 2016 |
Nervous home buyers are being offered “Brexit clauses” allowing them to back out of deals if Britain votes to leave the EU, it has emerged, as as experts warn of an impending property crash. Sources close to the situation say developers and agents are becoming increasingly desperate to sell homes as the market has...
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