Overseas buyers are taking up properties in London’s most luxurious hotspots, reportedly “tempted a the cooling property market and weak pound”, Rachel Mortimer writes in The Telegraph this week.
Featuring in the article, Black Brick’s Camilla Dell shared her insights as a prime property buying expert of over 20 years: “Many vendors will place significant value on securing a cash buyer for their property, particularly in a market currently riven with down-valuations and fall throughs.”
“They may even accept a lower offer for their property if the buyer is able to pay in cash. It is a buyers’ market at the moment and being a cash buyer means that you have a better chance of getting a better price agreed.”
Read the article here.