{"id":138214,"date":"2023-07-05T19:41:36","date_gmt":"2023-07-05T12:41:36","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/70-of-central-london-properties-sold-this-year-bought-with-cash-savills\/"},"modified":"2023-07-05T20:00:31","modified_gmt":"2023-07-05T13:00:31","slug":"70-of-central-london-properties-sold-this-year-bought-with-cash-savills","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/70-of-central-london-properties-sold-this-year-bought-with-cash-savills\/","title":{"rendered":"70% of central London properties sold this year bought with cash \u2013 Savills"},"content":{"rendered":"


\nReport fuels fear that rich overseas buyers are buying properties at expense of working LondonersMore than 70% of \u201cprime central London\u201d properties sold so far this year have been bought entirely in cash, according to a report by estate agents Savills that fuels concerns that rich overseas buyers are snapping up properties at the expense of working Londoners.A total of 71% of prime central London \u2013 an estate agent term for an area that stretches from Chelsea to Camden and Notting Hill to Westminster \u2013 have been bought mortgage-free in the seven months from January. That compares with about 35% for the UK as a whole. Continue reading…
\n
\nSource : theguardian.com
\nRead more…70% of central London properties sold this year bought with cash \u2013 Savills<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Report fuels fear that rich overseas buyers are buying properties at expense of working LondonersMore...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-138214","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-zXg","jetpack-related-posts":[{"id":128539,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rent-for-prime-london-properties-up-13-5-in-a-year-as-super-rich-return\/","url_meta":{"origin":138214,"position":0},"title":"Rent for prime London properties up 13.5% in a year as super-rich return","date":"August 8, 2022","format":false,"excerpt":"\r Estate agent Savills says increase of luxury rents in centre of capital show it is \u2018bouncing back\u2019 after pandemicThe super-rich are paying 13.5% more to rent luxurious central London properties than last summer, research has found, in the latest sign that overseas millionaires and billionaires are flocking back to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26742,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prime-london-property-prices-to-fall-9-this-year-says-savills\/","url_meta":{"origin":138214,"position":1},"title":"Prime London property prices to fall 9% this year, says Savills","date":"September 21, 2016","format":false,"excerpt":"\r Uncertainty over Brexit plans and stamp duty on second homes have driven down central London prices, says estate agentProperty prices in prime central London are expected to end the year 9% lower than when 2016 started, as buyers wait to see how Brexit negotiations proceed. Uncertainty following the EU\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5808,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/christchurch-buyers-have-cash-but-no-properties\/","url_meta":{"origin":138214,"position":2},"title":"Christchurch buyers have cash but no properties","date":"February 25, 2016","format":false,"excerpt":"\r Savills Real Estate in Christchurch believes local private investors are sitting on over $100 million in cash which they want to use to buy central Christchurch commercial property priced under $2 million.\"Investors making inquiries...\r \r Source : nzherald.co.nz\/Property\r Read more...Christchurch buyers have cash but no properties","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5816,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/christchurch-buyers-have-cash-but-no-properties-2\/","url_meta":{"origin":138214,"position":3},"title":"Christchurch buyers have cash but no properties","date":"February 25, 2016","format":false,"excerpt":"\r Savills Real Estate in Christchurch believes local private investors are sitting on over $100 million in cash which they want to use to buy central Christchurch commercial property priced under $2 million.\"Investors making inquiries...\r \r Source : nzherald.co.nz\/Property\r Read more...Christchurch buyers have cash but no properties","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5824,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/christchurch-buyers-have-cash-but-no-properties-3\/","url_meta":{"origin":138214,"position":4},"title":"Christchurch buyers have cash but no properties","date":"February 25, 2016","format":false,"excerpt":"\r Savills Real Estate in Christchurch believes local private investors are sitting on over $100 million in cash which they want to use to buy central Christchurch commercial property priced under $2 million.\"Investors making inquiries...\r \r Source : nzherald.co.nz\/Property\r Read more...Christchurch buyers have cash but no properties","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5828,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/christchurch-buyers-have-cash-but-no-properties-4\/","url_meta":{"origin":138214,"position":5},"title":"Christchurch buyers have cash but no properties","date":"February 25, 2016","format":false,"excerpt":"\r Savills Real Estate in Christchurch believes local private investors are sitting on over $100 million in cash which they want to use to buy central Christchurch commercial property priced under $2 million.\"Investors making inquiries...\r \r Source : nzherald.co.nz\/Property\r Read more...Christchurch buyers have cash but no properties","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138214"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=138214"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138214\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=138214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=138214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=138214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}