Overseas Buyers Buying Up Chain Free Properties

Wed, 21 Apr 2010

Whitehotproperty.co.uk states that overseas buyers are considering part exchange, UK probate and repossession markets to pick up bargain UK properties as investments .

The website specialises in selling chain-free properties; its figures indicate that between January and March 6% of its prospective buyers were from abroad.

Most investors came from America, France, Spain, Germany and Australia .

Director at Whitehotproperty.co.uk, Robin King, states that the present strength of nearly all foreign currencies against the pound renders UK property highly attractive.

There are thousands of would be buyers searching its part exchanged, probate and repossessed properties which implies a knowledge of the housing market .

They are either British nationals looking to buy or foreign nationals who have spent an amount of time here.

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