London

Stop Rich Foreigners Investors From Buying Property In London

London’s new mayor Sadiq Khan plans to introduce restrictions on foreigners looking to buy property in London, in an effort to combat money-laundering, reported the UK’s Evening Standard. Various news reports in recent years have claimed that many overseas buyers, particularly from Russia and China, have been using London’s housing market to launder billions of … Read more

China’s Losses Could Be London’s Gain

Further economic woes in China could help London’s prime property market overcome its Stamp Duty slowdown   The Stamp Duty may not saddle London’s luxury market for much longer. CityWire parses the latest research from Savills showing that prime property prices have had a rough year in England’s capital, with homes valued at £5 million … Read more