Estate agents in London have reported an increase in enquiries from international investors Less than 24 hours after voters gave David Cameron’s Conservative Party a mandate to govern the UK for the next five years.
The result of the general election, which few had predicted, means that homes in prime areas of London could soar in value by 20% over the next year as investor confidence in the UK returns.
Sales of high value property have been depressed since the Labour Party announced it intended to introduce a mansion tax on homes worth more than £2m.
However, political commentators believe the election of David Cameron as Prime Minister will benefit the whole property market.
They say the result shows the world that the UK welcomes overseas investment, is open for business and will encourage buyers across the globe to purchase property in London’s prime market.
For more information click on the link below:
