Overseas investors increase focus on PRS as pound falls

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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