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Brexit sparks overseas spending spree in London property

The fall of the pound following the EU referendum has triggered a spending spree in London's property market from foreign investors.

But these overseas buyers are no longer just targeting prime central locations.

Changes in stamp duty mean that they are now interested in cheaper properties - pitting them head-to-head against jittery first-time buyers.

Mark Jordan reports for BBC Inside Out London.

Inside Out is broadcast on BBC One London on Monday 5 September at 19:30 BST and nationwide for 30 days on the iPlayer thereafter.

  • 05 Sep 2016
  • From the section Brexit
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