Analysis by Benham & Reeves shows that London accounts for 11.3% of UK property transactions but 40% of Stamp Duty. In his interview with London Live, Director Marc von Grundherr explains how Londoners are being disproportionately punished by Stamp Duty.
With many Malaysians investing in London property, estate agency Director Marc von Grundherr talks to radio station BFM 89.9 about the rise in fraudulent tenants and what you need to know.
Marc met with Phil Pelucha to discuss his journey from an Investment Banker to one of London’s leading property commentators. Contains plenty of advice and tips for property professionals and investors.
Marc is incredibly knowledgeable and has a unique and interesting insight into the property market. The guys chat about Marc’s exposure as an investor himself, working with investors on a daily basis and being involved in the high-end property market in London.
Marc von Grundherr, director of Benham and Reeves, commented: “A seasonal slump in asking prices is always to be expected at this time of year, but the drastic reduction in the number of homes on the market indicates that many sellers have already gone into home selling hibernation.
“Perhaps a tad predictable that as we receive yet another Brexit-based encore from Westminster, the UK housing market also delivers the lowest rate of house price growth so far this year,” said Marc von Grundherr, director of London letting and sales agent Benham and Reeves.