Opinions

Agency acknowledges dollar strength is luring overseas buyers to London.

Given the recent increase in the number of cash purchasers registering to acquire property in the city’s heart, Carter Jonas forecasts that 2023 will be an extraordinary year for the prime central London (PCL) market. Many recent purchasers in the Marylebone and Mayfair offices are American citizens taking advantage of favorable exchange rates to purchase in the heart of London with cash. According to Carter Jonas, the central London real estate market is expected to outperform the rest of London and the UK in the next months due to the influx of foreign Dollar purchasers from the United States, the

March 26, 2024 No Comments

Australia Property

What do experts in Australia’s real estate sector anticipate will happen in 2023?

Indeed, 2022 has been a remarkable year full of unexpected developments. As recently as a year ago, the Australian property market was experiencing a nationwide boom, with remarkable increases seen most noticeably in Sydney and Queensland. Interest rates are hovering around 2% since the Reserve Bank of Australia (RBA) retained the cash rate at a record low level of 0.1% despite some mild headwinds. The RBA boosted the cash rate in May almost two years earlier than they had predicted. This routine continued for the following eight months. Price drops were seen across the board in the real estate market

March 1, 2024 No Comments

Opinions

Here are five reasons to buy London property now

These are the five top reasons to buy London residential property right now 1. Supply London is a restricted market. Old buildings are protected and the maximum planning options, if available, are usually one more floor in height. Sites where planning allows for skyscrapers are few and far between. Issues with “right of light” stopping new buildings overlooking older buildings and a Government planning bureaucracy that is slow moving have meant that London has fallen behind the optimistic new build targets set out in the “London plan” years ago, when Boris Johnston was Mayor of London. The shortage of stock

January 19, 2024 No Comments

Opinions

Learn how to buy tenanted UK freehold property with an 8% yield

As property in the UK is back in high demand, everyone can now take advantage of this high-grade investment Amidst a resurgence in UK property markets, investors are flocking to capitalize on this thriving sector. One notable player in this landscape is Bloem Care, a distinguished UK-based care home operator, now expanding into the care home sector, offering innovative investment options. Bloem Care’s approach stands out with its utilization of a Singapore-regulated investment vehicle, providing investors the opportunity to partake in shared ownership of UK care homes through a Singapore private limited company. This unique structure offers a secure avenue

January 17, 2024 No Comments