Buyers of luxury properties in London are down since the Brexit vote, a study has found. Rentals of luxury properties in the capital are also down, but not by as much. The figures show the number of buyers looking to buy such a property is down 18%. Nationalities searching for luxury rental properties in London include Saudi Arabia followed by Kuwait, the United States and then the United Arab Emirates.
Key Takeaways:
- Buyers of luxury property in London is down since the Brexit vote.
- Figures have dropped by 18%, with the rental sector also seeing a smaller loss in business.
- Americans top the list of enquiries for buying a prime property in London followed by the UAE, France, Germany and then Saudi Arabia.
“Americans top the list of enquiries for buying a prime property in London followed by the UAE, France, Germany and then Saudi Arabia.”