Can foreigners buy property in London

[newsgprop]

London is the top real estate investment destination. Investors from all continents; Asia, Austrlia, America, Europe as well as Africa are interested to invest in London.
Why? Property in London is in short supply, which has enabled property prices to remain extremley high. Increasing population which add the demand of the property in already short supply maintain the price and rental growth.
Foreigners are able to buy property in the UK and most nationalities are eligible for investment loans, although there are fewer banks offering them. Those living abroad will require proof of income.
For more details you can visit Can foreigners buy property in London

[happorous]

Hey - are Londoners themselves interested in buying properties? I was living in London for some time and I was wondering about how ppl are living - do they buy or rather prefer to rent - most of my friends did, but they were quite young, true. Does anyone know?