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Overseas buyers increasingly purchasing London prime property unseen

News Team, 04/11/2020

Nearly a quarter (22 percent) of prime London properties are purchased by overseas buyers without being seen, new analysis for 2020 suggests.

Real estate investment firm London Central Portfolio (LCP) said it is experiencing an influx of international buyers, willing to blind purchase properties in prime London while they are unable to travel.

There has also been an increase in the number of young professionals moving to the capital. There has been a 21 percent...


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