More US investors are Checking Out UK Investments
With the election of Donald Trump and his inauguration now completed, there has been a noticeable rise in the number of United States investors searching for property abroad, and especially in the UK.
That’s according to Invest in Rooms, we see the presidential election having a similar effect to Brexit. It is providing a political shake-up that is having an impact on the property market and we are seeing and increase in US overseas demand since the election. It is being reported that “Following the election of Donald Trump, we have seen a steady rise in the number of US citizens searching for property abroad. Property searches, on all countries in our network from the US have gone up by 18% over the past 30 days to 12 Jan compared with same period last year.
“Similarly to Brexit, experts predict for the political shakeup to continue to have an impact on the property market. Since the election, the top three destinations for US buyers are Canada (30%), the UK (20%) and Mexico (5%), with most searches originating from California, Florida and New York.
