The role of overseas investors in London’s new-build resi market

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Major LSE study for GLA finds that overseas investment since 2010 has had a 'positive net effect on the availability to Londoners of new housing, both private and affordable'

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After a 40% surge in the last year alone, a total of 35,000 prime homes are now due to be built in the capital over the next decade, with a combined floor area the size of the City of London and a sal…
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Believe it or not, it's been two whole years since the stamp duty levied on properties over £2m was ramped up to the eye-watering 7% mark.
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Currently, none of the main political parties have a coherent strategy, and this uncertainty is not helping the market at all, says Lonres Chairman William Carrington..