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Should developers boost overseas marketing efforts?

July 6, 2016Article by Chelsea Battle

The pound has dropped due the result of the referendum and savvy buyers overseas are grabbing the opportunity to snap up UK off plan property for a substantial discount. The devaluation of the pound has meant that foreign investors now have superior buying power in the UK’s off plan property market. Following this, international property portal Properstar reported a 50% surge in searches for London properties, and expects this trend to continue.

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