{"id":18934,"date":"2016-07-07T06:01:28","date_gmt":"2016-07-06T23:01:28","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/overseas-buyers-keen-to-exploit-weak-pound-to-buy-london-homes\/"},"modified":"2016-07-07T06:09:52","modified_gmt":"2016-07-06T23:09:52","slug":"overseas-buyers-keen-to-exploit-weak-pound-to-buy-london-homes","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/overseas-buyers-keen-to-exploit-weak-pound-to-buy-london-homes\/","title":{"rendered":"Overseas buyers &#039;keen to exploit weak pound to buy London homes&#039;"},"content":{"rendered":"<p>&#013;<br \/>\nForeign investors could save about \u00a3100,000 on \u00a31m property due to post-referendum collapse of sterling, property consultancy saysThe plunge in sterling following the UK\u2019s decision to leave the EU has prompted a flurry of interest in luxury homes in London from overseas buyers, who stand to save about 10% of the cost of buying a \u00a31m property, a property consultancy has claimed.Arcadis said its clients had reported \u201ca bounce in inquiries\u201d since the referendum, with investors keen to make the most of the favourable exchange rate. The firm\u2019s head of commercial development, Mark Cleverly, said that family offices, which represent wealthy clients, had also been \u201cpretty active\u201d in the market. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2016\/jul\/07\/overseas-buyers-keen-to-exploit-weak-pound-to-buy-london-homes\" target=\"_blank\">Overseas buyers &#8216;keen to exploit weak pound to buy London homes&#8217;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Foreign investors could save about \u00a3100,000 on \u00a31m property due to post-referendum collapse of sterling,&#46;&#46;&#46;<\/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-18934","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\/p75ss1-4Vo","jetpack-related-posts":[{"id":57470,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/surprise-uk-election-outcome-to-create-brief-window-of-opportunity-for-overseas-investors\/","url_meta":{"origin":18934,"position":0},"title":"Surprise UK election outcome to create brief window of opportunity for overseas investors","date":"June 11, 2017","format":false,"excerpt":"\r The UK's surprise election result could create a short window of opportunity for overseas property investors, brokers say.James Roberts, chief economist at Knight Frank, said property investors should expect downwards pressure on the pound sterling and volatility in the financial markets over the next few days. \"However, there is\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21975,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/weak-pound-creates-bargain-london-property-deals-for-gulf-buyers\/","url_meta":{"origin":18934,"position":1},"title":"Weak pound creates bargain London property deals for Gulf buyers","date":"August 4, 2016","format":false,"excerpt":"\r Arabian Gulf property investors have begun bargain hunting among London's most exclusive addresses as prices tumble.House prices in some of the parts of London most popular with GCC investors have suffered their biggest annual falls in nearly seven years.Average prices in the London district of Knightsbridge fell 7.3 per\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57474,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/surprise-uk-election-outcome-to-create-brief-window-of-opportunity-for-property-investors\/","url_meta":{"origin":18934,"position":2},"title":"Surprise UK election outcome to create brief window of opportunity for property investors","date":"June 11, 2017","format":false,"excerpt":"\r The UK's surprise election result could create a short window of opportunity for overseas property investors, brokers say.James Roberts, chief economist at Knight Frank, said property investors should expect downwards pressure on the pound sterling and volatility in the financial markets over the next few days. \"However, there is\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10016,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brexit-a-hot-topic-for-british-expats-in-the-uae\/","url_meta":{"origin":18934,"position":3},"title":"Brexit a hot topic for British expats in the UAE","date":"April 5, 2016","format":false,"excerpt":"\r \r When the UK prime minister David Cameron announced in February that the country is to stage a referendum on Britain's membership of the European Union, you could have been forgiven for thinking the cut and thrust of Westminster politics would have little to do with the sunny Emirates.But\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26612,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/weak-australia-uk-currencies-lure-malaysian-investors\/","url_meta":{"origin":18934,"position":4},"title":"Weak Australia, UK currencies lure Malaysian investors","date":"September 20, 2016","format":false,"excerpt":"\r International education driving residential property investment University of Sydney. Australia is a popular international education destination. JAZZDOG \/ Shutterstock The relative strength of the ringgit against the sterling and the Australian dollar has empowered Malaysian investors to acquire overseas property, according to Jones Lang LaSalle. The Brexit referendum has\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33344,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-buyers-increase-focus-on-london-property\/","url_meta":{"origin":18934,"position":5},"title":"Chinese buyers increase focus on London property","date":"November 7, 2016","format":false,"excerpt":"\r Investors take advantage of weak sterling since EU referendum\r \r Source : ft.com\r Read more...Chinese buyers increase focus on London property","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/18934"}],"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=18934"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/18934\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=18934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=18934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=18934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}