In the Press

Foreigners pounce on top homes in London

The number of nationalities buying property in London has risen by two-thirds since 2008. The pound's weakness enabled buyers from 51 nations to buy property in the British capital in June. Chinese and Vietnamese are among the new investors.

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Buyers from 51 different nations bought property in London this June, and the Chinese and Vietnamese are among the newest arrivals, a new report has revealed.

In a new article this week for South China Morning Post, Black Brick Founder and Managing Partner, Camilla Dell shared her perspective on why international buyers were so attracted to London as a “safe haven” that offers exceptional education benefits for children.

“We have clients from Nigeria, Ghana, Uganda, Kenya, South Africa, Zambia, Russia, India, Pakistan, Malaysia, Singapore, Hong Kong, Greece, Cyprus, Italy, Saudi Arabia, Dubai, Egypt, Lebanon, the US and Australia,” she said. “At the moment, London is particularly popular with those from India and the rest of Asia, where there is a fast-growing high-net-worth contingent and there are strong historical links with Britain.”

Read more in the full article here.