Brexit’s weakening of the pound: A foreign property investor’s dream


The Sterling’s drop over the last six months has triggered a whole new level of investment from Indians living abroad, as well as Turkish and Middle Eastern investors for London’s big budget properties with a value of £5m or more.

Ever since the UK has decided to divorce the EU, the pound has lost 18% against the US dollar and 12% against the euro. This decline in value has led to some significant savings and investment opportunities for US dollars investors in London’s property market, the Beauchamp Estates’ 2017 Wealth Report has revealed.

Two years ago, in 2015, the average price of what the report dubs an “ultra-prime residential property” in Mayfair was $5,306 per square foot. Currently, the price sits at $4,741 per square foot.

Whilst domestic buyers seem to have taken a backseat when it comes to investing in the UK’s property market, enquiries from American buyers for example increased by 10% and sales by 3%, the report revealed.

The only ones topping this are investors from the Middle East and Asia, which saw an increase in enquiries of 15% and in sales of 10%.

The one thing the report didn’t look at is how the rest of the country’s market is doing. With only focusing on London’s high-end market, the research doesn’t take into account how other parts of the country – and the property market – are being affected.

The UK’s other major cities, like Birmingham, Liverpool and Manchester, are also seeing a rise in foreign, especially Chinese, investment.

CityGreens, Solihull, Birmingham

City-style apartments directly on Birmingham's largest park

  • Limited pre-launch prices.
  • ZERO ground rent
  • Excellent tenant demand

£182,000 - £419,000

Highgrove Mews

High Net Yield Freehold Houses

  • Commutable to London (27 mins to central Paddington station)
  • Rental demand extremely strong with large industry presence in Reading
  • Freehold with 4% net yield

£284,955 - £457,000

St Petersgate – Stockport Manchester

New Launch - Stockport Manchester, apartments from £160,000

  • Discounted launch prices from £160,000
  • Excellent transport links with 3 trains per hour to London Euston and only 9 mins journey to Manchester Piccadilly
  • Experienced development team

Assured Rent Housing Association Leases

Assured Rent Housing Association Leases

  • Assured rent & no rental voids
  • Tenant damage cover & newly refurbished inline with requirements of a corporate sitting tenant
  • Free property and lettings management

From £62,000

Emerging Birmingham Commuter Town With Properties From Just £104,000

The emerging Birmingham commuter town where properties are selling in an average of just 24 days

  • A collection of 62 two bedroom apartments and 28 one bedroom apartments.
  • DE14 is one of the fastest selling postcodes in the West Midlands.
  • 23 minute train journey into Birmingham New Street Station.

Properties from £104,000

Mill, Stockport

The Northwest's emerging property hotspot

  • Discounted off-plan 2-bed prices from £162,000
  • Completion date - Q4 2021
  • Rental yields - 6% plus

Discounted off-plan 2-bed prices from £162,000


Talk to us

Speak to our UK property experts today: 

+44 (0) 333 123 0320

Open from 9am-6pm GMT

+852 9865 4446

Open from 9am-6pm HKT

Stamp Duty Calculator


Unlock members only investment opportunities and full development details. Join now – it’s free, quick and easy.


Not a member? Sign up for free

Brexit’s weakening of the pound: A foreign property investor’s dream

Brexit’s weakening of the pound: A foreign property investor’s dream


By submitting your details via this online form you agree to be contacted via email/phone/SMS by Direct Marketplace Ltd t/a BuyAssociation in relation to property investment and property developments . We do not share your personal details with third parties.  To view our full Privacy Policy click here.