Overseas investors seeking London repossessions

"Many of the investors are seasoned business people who view the present economic climate as a buying opportunity and understand the significant value in UK bank repossessed property," said Director Dominic Farrell.

"Falling property prices, a weak pound and the added value of investing in repossessions gives the overseas investor up to a 60% discount on 2007 London property prices. With strong yields and the outlook for medium to long-term capital growth positive, London property has all the attributes of a blue chip investment for UK and foreign investors alike."

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