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Top homes attract foreigners

Language: English Series: Independent ; 20 March 1993, 23 | Times ; 24 March 1993, 31(2)Publication details: 1993Subject(s): Summary: The latest research by Savills has discovered a growing trend of foreign purchasers in the top end of the London residential market, probably due to the devaluation of the pound in September. A survey by ARLA has found that at the lower end of the market it is cheaper to rent residential property. Includes statistics.

The latest research by Savills has discovered a growing trend of foreign purchasers in the top end of the London residential market, probably due to the devaluation of the pound in September. A survey by ARLA has found that at the lower end of the market it is cheaper to rent residential property. Includes statistics.