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05/09/2016

A look at what the future holds for London following Brexit. Will cash-strapped first-time buyers currently priced out of the market stand to benefit from the UK leaving the EU?

With the new prime minister insisting that 'Brexit means Brexit', what does the future hold for London? Mark Jordan asks if cash-strapped first-time buyers currently priced out of the market stand to benefit from us leaving the EU. Ava Vidal finds out if the capital's recent spike in race-hate crime is driving immigrants out of the country. And - comedian Paul Chowdhry takes a trip into the future to discover what an independent state of London might look like.

29 minutes

Brexit sparks foreigh property spree in London

Brexit sparks foreigh property spree in London

The fall of the pound following the EU referendum has triggered a spending spree in London's property market from foreign investors.

But these overseas buyers are no longer just targeting prime central locations.

Changes in stamp duty mean that they are now interested in cheaper properties - pitting them head-to-head against jittery first-time buyers.

Credits

Role Contributor
Presenter Matthew Wright
Reporter Mark Jordan
Reporter Ava Vidal
Reporter Paul Chowdhry
Series Producer Andy Richards
Editor Dippy Chaudhary

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