As exchange rates becoming favorable for sterling purchasers following Brexit, a wide range of opportunities have become accessible for international investors.
Shrewd international investors continue to invest in the UK market and have accelerated investments despite period of uncertainty, enabling them to take advantage of the UK market conditions.
A considerable amount of UK property agents has seen an outburst of activities following the decline in the value of the pound.
Predictions arise as UK is set to outperform other EU member states and the G7 countries by 2020 despite the short term growth in economic growth, according to HMRC and Nationwide. Hence, the UK is still open for business for overseas investors.
Overseas investors take advantage of current market conditions, especially those buying in their domestic currency, with property prices being more affordable than before the referendum.
With rental values growing stronger along with the increase in the value of the pound in the medium term, international investors are expected to gain massively from buying during this period of uncertainty.