The Bafta’s are coming up in London this weekend (February 10th) and our very own Thea Carroll has spoken to The Hollywood Reporter about what Tinsel Towners should consider when buying a second home in London.
Thea says; “There’s a huge amount of volatility and opportunity for intrepid buyers. Sterling just before Christmas had a 20 month low so buying dollar to pound you’re looking up to a 20 to 30 per cent discount on an already softened market.”
Thea works with around six to eight clients at a time and is currently working with a few Hollywood film producers who are looking to purchase in Notting Hill specifically to ensure easy access out West to the studios such as Pinewood and Shepperton.
With one USA purchaser Ken Griffin buying a £95million townhouse (3 Carlton Gardens) and a £100 million apartment (Peninsula London) over the past few months it looks like the Americans really are capitalising on the weak pound and making some impressive purchases.