The afternoon update with Lynlee Foo from Money FM Singapore

“Yes London is still a great place to invest” says Marc von Grundherr from Benham and Reeves as he unpacks the reasons why its a good time to consider buying a property in the UK with Lynlee Foo.

”With labour’s well received plans to build more homes which will promote more people to buy, there will be more choice and with inflation lowering, we see another interest cut coming. Indeed, we are already seeing more people looking to buy with 16% more people registering to buy since Labour came into power. The rental market has been the strongest in the last 3 years than I have seen in my 30 year career with easier financing, good yields for landlords and very low-void periods cushioning them from higher older buy-to-let rates”.

Marc continues “Singaporeans are seasoned investors and are always looking for added benefit. Many have been closely looking at regeneration where unknown locations are being revived and put firmly on the map. Buying off-plan, getting in early to get the maximum yield in the long term areas like Nine Elms in Tube zone 1 and White City in zone 2 have seen a lot of medium to long-term investment from Singaporean investors. Some of our clients are getting 6-8% rental yields and a stable, solid return on their investment”.