In the Press

Downturn’s upside: For those with money, London’s cheap

LONDON — After a go-go decade, Great Britain is suffering from a sudden, severe financial hangover. Now, however, the party has kicked into high gear for another group: foreign visitors and investors who are descending on London to take advantage of the plunge in the local currency and snap up high-end property, luxury cars and designer clothing at a discount.

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“London is looking really attractive as an investment,”, said Black Brick Founder, Camilla Dell this week in McClatchy Newspapers.

Reflecting on the recent reports that London is becoming a sought-after hotspot for wealthy property investors looking for a good deal, Camilla shared her insights as a top buying agent for prime London property.

She pointed to a “triple whammy” of factors: falling property prices, the pound’s plunge and low interest rates as a key reason behind the growing interest.

Read more in the full article here.