Overseas buyers rely almost entirely on the Internet during their research phase. After all, you can’t just go down to the corner newsstand in Shanghai and pick up a copy of the Wentworth Courier.
The most important announcement for London and UK property prices does not appear in the housing section of the budget. No, the key point is the news that corporation tax will be reduced to 19% and then 18% - the lowest rate in Europe apparently.
If there is a Grexit then London prices are likely to rise as the safe haven status of London property (not to mention job opportunities) will continue to drive people in our direction.
