Interest in UK Property from International Buyers Spikes after BREXIT Decision

ComShameem Golamy reducedment from Managing Director of international property portal Properstar Shameem Golamy

Following the Brexit announcement last week, we recorded a 50% spike in searches for property in London and we expect this to be a continuing trend, especially whilst conditions for international buyers look so favourable.

 “Following the decline in sterling, we heard reports from agents of international buyers rushing to conclude property deals.  It’s no surprise when US buyers can now acquire UK property at a third less than a year ago.

 “For estate agents, especially those in prime locations, the ability to market to international buyers has never been so important. Vendors need to start thinking more about the global market and seek out estate agencies who can successfully market their properties internationally.”

Properstar is a market leading platform that helps UK estate agents market properties to an international audience through its network of 80 portals in 50 countries, with property details automatically translated into 16 languages through its unique translation tool.

New UK customers can still sign up for just £100 per month, per branch with 2 months free trial (for a limited period).

For more information contact 01603 957970 sales@properstar.co.uk or visit advertise.properstar.co.uk

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-ENDS-

Media contact:

Vicky Goodall, P1 Communications – Tel +44(0)20 8614 7505 Email: vicky.goodall@p1communications.com


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