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Who buys new homes in London and why? [electronic resource]

By: Language: English Publication details: London BPF 2014Subject(s): Online resources: Summary: Presents the results of research profiling the background of the types of individuals who are investing in the new homes market in London. Nearly 48% are buy to let investors and 32% owner-occupiers, 5% Buy to Sell investors (speculators) and 8% Build to Let investors. 15% of individuals buying new homes are from overseas and are responsible for 49% of sales in Prime Central London. The undersupply of available housing and affordability issues area are a barrier for many trying to get onto the property ladder in London.

Presents the results of research profiling the background of the types of individuals who are investing in the new homes market in London. Nearly 48% are buy to let investors and 32% owner-occupiers, 5% Buy to Sell investors (speculators) and 8% Build to Let investors. 15% of individuals buying new homes are from overseas and are responsible for 49% of sales in Prime Central London. The undersupply of available housing and affordability issues area are a barrier for many trying to get onto the property ladder in London.