Brexit ignites an overseas buying spree on UK property

Brexit ignites an overseas buying spree on UK property

Brexit has ignited a spending frenzy surrounding UK property. The fall in the pound following the EU referendum has triggered a spending spree on UK property inside London and in other new burgeoning locations such as Manchester, Stockport, Birmingham, Doncaster, Sheffield and Hull.

We have noticed a marked improvement in the UK property market with buyers wishing to park their hard earned cash as quickly as possible before the currency market recovers.

Our latest development in Doncaster, called Riverside Views is beginning to get a lot of attention from local and overseas purchasers due to the low price point from £119,600 through to £237,000 for a five bedroom house. The scheme is offering a great rental return of around 6-7% per annum.

For more information please call the office on +44 (0)203 515 0023 or information@llnh.co.uk

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