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Teddy Bear

Buying Uk Property From Overseas Expo's

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As per title. Anyone heard any cases of UK resident citizens doing this? Seems so many UK (especially but not exclusively London) new developments are now being sold to foreign buyers off plan without ever coming onto the UK market. Besides possibly inflated prices compensated by the weak value of sterling foe foreign buyers what in theory would there be in place to stop a UK resident/British citizen travelling overseas and buying at such expo's?

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They would sell to anyone. If their were sufficient wealthy enough people here to snap up the overpriced flats they would not bother marketing them overseas.

Brits arent so big on buying offplan which is effectively giving an unsecured loan to developers.

Only when they go to Spain or Bulgaria or some other place full of so called "developers".

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