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.  

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FT.com 

 

About the author

Nicolas Holmes

Nick joined Robert Holmes to inject fresh ideas and help grow the New Homes department of Robert Holmes as well as helping to inject technology into the business and to grow its client base. Together with one of the Directors Nick is in charge of all Development opportunities that Robert Holmes deals with along with sales. Aged 40, he provides succession together with the two existing directors. Nick has always been focused on building client relationships and sales. He built up his own gallery in Chelsea, where he had a loyal following of customers and artists.

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