Property portal detects rise in searches from overseas buyers

Overseas buyers are eyeing up the UK property market for potential bargains amid the chaos of Brexit negotiations, according to a new study which shows that searches from abroad have risen steadily.
The growth has been marked since the referendum in June 2016 when the UK voted to leave the European Union, according to property portal Placebuzz. It found that searches for UK property by overseas buyers accounted for 6.2% of all activity in the first three months of this year, compared to just 3.6% during January to March 2016, an increase of 72%.

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