Viewings for prime homes rise as buyers seek post-Brexit bargains - News Summed Up

Viewings for prime homes rise as buyers seek post-Brexit bargains


This 7,500sq ft six-bedroom house in Cheyne Row, Chelsea, which is on the market with Knight Frank, has a guide price of £10.5 million. Besides a triple-height studio reception room, it has a cinema room, wine tasting room and library area KNIGHT FRANKThe number of viewings for homes in London’s most expensive postcodes has risen by nearly 50 per cent since the EU referendum, as buyers look for bargains from lower house prices and the fall in the pound. Those with the money to buy a house in the wealthiest areas are being lured back to the market, after nearly two years of transactions slowing because of an overhaul of stamp duty, which made buying a home that is worth more than £1.5 million more expensive. House prices in areas such as Chelsea and Knightsbridge have fallen by 8.9 per cent and…


Source: The Times September 08, 2016 23:15 UTC



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