Who buys new homes in London and why? [electronic resource]
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.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | London Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 158078-1001 |
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.