In the Press

Beware Greeks bearing money to buy in London?

Within 12 hours of Greece defaulting on repayment of part of a loan to the International Monetary Fund, a prime central London buying agency issued a press release claiming it was seeing a rise in Greek clients. by Graham Norwood

Published
Format Online
Read time 1 min read

With the Greek economy on the brink, we shared how London’s prime property market will be affected in a new piece for Estate Agent Today.

“As we have seen time and again, economic and political instability brings buyers to London’s prime property market. In recent weeks, we have been advising a number of Greek clients on potential investments in the UK, as the risk of Greece crashing out of the Eurozone looms over the continent and, especially, over Greek savers, who could see their wealth slashed by the effect of any devaluation on domestically held assets”, said Camilla Dell, Founder of Black Brick.

Read more in the full article here.