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Overseas buyers target chain-free properties

Overseas buyers are looking to the UK probate, part exchange and repossession markets for bargain UK properties to invest in, according to

Figures from the website, which specialises in selling chain-free property, show that between January and March 6% of its prospective buyers came from abroad.

The majority of investors came from the US, Spain, France, Australia and Germany.

Robin King, director at, says: “The current strength of almost all foreign currencies against the pound makes property in the UK attractive.

“We are seeing thousands of prospective buyers searching our probate, part exchanged and repossessed properties which suggests a familiarity with the housing market in this country.

“I would predict that many of the buyers are either UK nationals looking to buy property at home or foreign nationals that have spent time in the UK.”


Jon Moulton buys a stake in large loans brokerage

Jon Moulton, founder of Alchemy Partners and chairman of Better Capital, and two other UK entrepreneurs have taken a big stake in Moulton, along with Neil Redcliffe, group managing director of Currencies Direct, and Alan Burgess, managing director of Masterframe Windows, have invested an undisclosed sum in the brokerage. Redcliffe and Burgess will also […]

Restructure puts Platform sales jobs in jeopardy

The sales and proposition team at Platform is facing job cuts as part of a wider business restructure at parent The Co-operative Financial Services. CFS announced last month that it was moving Platform’s pre-completion mortgage processing to the CFS centre in Leek, Staffordshire, while Platform’s customer care service would be moved to the CFS Stockport […]


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