Monday, December 16, 2013
The number of foreign landlords with UK property passes two million mark
The number of foreign landlords with UK property passes two million mark
According to accountancy firm UHY Hacker Young, the number of foreign landlords investing in UK property has now passed the two million mark and is up by 6% over the past year. In the last five years the number of foreign landlords has risen by 39%, up from 1.46 m in 2006/07.
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bidin'matime says:
Overseas buyers drive up London market … London market boom trickles down into South East … etc. etc…
Looking forward to seeing what happens when they all sell up and take their profits home with them – to beat the CGT in 2015…
Overseas sellers drive down London market … etc, etc.