Majority of London real estate investors are buy-to-let landlords or foreign buyers

The majority of private wealth investors buying real estate in London are buy-to-let landlords or foreign buyers.

Such is the opinion of Roger Southam, chairman and chief executive of Chainbow, a residential property management firm for property owners and developers.

He said: "London will always be a strong property market, especially for investors, because it is an unparalleled international city.

"Job opportunities, financial markets and cultural attractions make the city the landmark it is, so investors know there will continually be a strong demand for homes in England's capital."

On September 9th, Knight Frank published a report stating that real estate investment hotspots will be Hammersmith, Marylebone, Fitzrovia and White City by 2016 as developers are focusing on these areas. Property prices are expected to increase by 30 per cent in these regions.

Mr Southam stated that the reason these are hotspots is down to the willingness of the local councils to build new homes, their accessibility to the City and their rail networks to the Home Counties or Thames Valley.
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