A report by Hamptons International reveals the proportion of overseas based landlords has halved since 2010 but London bucks the trend with a pickup this year.
- The proportion of homes let by an international landlord in Great Britain halves from 13% in H1 2010 to 6% in H1 2018.
- More than one in ten London homes (12%) were owned by an overseas-based landlord in H1 2018. This is up 5% since H2 2017, but remains down from a peak of 20% in H2 2011.
- The average cost of a new let in Great Britain rose to £964 pcm in July 2018, up 0.2% year-on-year.
For the full report and tables please see the link below:
https://www.hamptons.co.uk/news-research/press-releases/august-18-2018/
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