Residential People has seen a boost in inquiries on its free listing site, as well as a comparable rise in interest in the Chinese and Middle Eastern markets of people looking to buy property in the UK.
Residential People, which has circa 950,000 property listings worldwide, says the increase from both directions comes following the greater market certainty produced by the December General Election and a clearer policy on Brexit.
Christopher May, Residential People Director, says:
"Following the bounce back of the market, the interest from overseas buyers in UK residential property is also making a welcome comeback.
"The UK property market has an enduring appeal to the global market and with a more certain political landscape and less doubt over the Brexit process, overseas demand for bricks and mortar here will continue to grow in the coming months.”
And he adds:
”If an agent's properties are also showcased to an audience of eager overseas investors, the chances of achieving quick sales at asking price or above are increased. By promoting to vendors on a market appraisal that their property will be broadcast across the world, agents can give themselves an edge and secure more all-important instructions.”
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