hurlerontheditch Posted September 6, 2021 Share Posted September 6, 2021 Quote More overseas investors could be poised to enter the UK property market following the disruption caused by the coronavirus pandemic, figures from an estate agent suggest. Knight Frank said its web traffic data showed nearly a quarter (24%) of users looking at sales and lettings properties in August were based abroad. This was the highest number since its figures started in January 2020. The average proportion in the 18 months to June was 17%. The number of international web users looking at lettings properties in August also exceeded those based in the UK for the first time since the start of 2020. Demand has been driven by overseas students acting before the start of the academic year and returning corporate tenants as offices reopen, Knight Frank said. Tom Bill, head of UK residential research at Knight Frank, said: “As the feeling grows that the worst of the pandemic is behind us, normal service will resume in the UK property market and I expect overseas buyers and tenants to make their presence felt in the final quarter of this year.” Overseas investors ‘gearing up for return to UK property market’ (msn.com) The next prop Quote Link to comment Share on other sites More sharing options...
Si1 Posted September 6, 2021 Share Posted September 6, 2021 If that's normal service then wtf has been going on until now? Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 6, 2021 Share Posted September 6, 2021 29 minutes ago, Si1 said: If that's normal service then wtf has been going on until now? apart from the Chinese. Quote Link to comment Share on other sites More sharing options...
PeanutButter Posted September 6, 2021 Share Posted September 6, 2021 Hmmm....trillions of magic money being pumped into existence by the majority of developed economies...but where does it go? I know, how about the laundering capital of the world! Quote Link to comment Share on other sites More sharing options...
stuckinlimbo Posted September 6, 2021 Share Posted September 6, 2021 I see this genre of article as the opposite of the Fear, uncertainty, and doubt tactic. There is a steady stream of opinions from estate agents and other VIs in the media just occupy in the public's mind that property is a one-way bet. For every one article with a bit of bad news, ten other pop up in the following weeks arguing how its never been a better time to get into property. Quote Link to comment Share on other sites More sharing options...
winkie Posted September 6, 2021 Share Posted September 6, 2021 New people forever moving in and out, things forever changing.....London turn of the 19th 20th century.....better or for worse? https://booth.lse.ac.uk/map/14/-0.1174/51.5064/100/0 Quote Link to comment Share on other sites More sharing options...
“Nasty Piece of work” Posted September 6, 2021 Share Posted September 6, 2021 VI Fluffer’s Delight - nothing more than a few quotes from an EA. I would expect more than that drivel. Quote Link to comment Share on other sites More sharing options...
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