Property development
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'Stop' overseas buyers of London properties

A London MP is urging the government to take action to stop new homes in the capital from being sold and marketed abroad.

BBC London has found three quarters of the newly-built homes sold in London last year went to overseas buyers.

Developers are increasingly looking to Asia to market their properties.

BBC London reporter Jean Mackenzie spoke with Bermondsey and Old Southwark MP Simon Hughes and Yolande Barnes, director of Savills Research.

  • 08 Jun 2013
  • From the section London