Finance

Overseas investors increase focus on PRS as pound falls

By 2019-11-11T08:52:00

DAMAC Tower Nine Elms London

The proportion of homes in the private rental sector being let by overseas landlords has increased year-on-year as falls in the value of sterling attract international property investors, according to Hamptons International.

The research found 11% of private rental homes across Britain were let by overseas investment groups in the first 10 months of 2019, up from 7% during the same period last year.

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