Overseas Investor buying in Mayfair

Why they came to Stacks

Our clients C were investors based in the USA.  They were in need of professional, impartial advice and, as they could not physically be in London, needed help to streamline their research and purchase and have professional eyes on the ground to find them a pied a terre and investment in Mayfair.

 

What they were looking for

A property which could be a good base in Prime Central London, with a concierge service and which could be safely locked up and left for long periods.

 

What the local area could offer

Clients C wanted to be in Mayfair in order to access the shops restaurants and offer a safe investment.  They needed advice on which buildings and streets would match their personal requirements as well as be in excellent decorative order.

 

How Stacks helped

After exhaustive long-distance discussions, Stacks London previewed over 20 properties, some off market, using our extensive network of agents.  After each viewing, Clients C received a report and video on each potential property. Once the clients had identified the one which suited them, Stacks London’s negotiations came to fruition and along with contacts with surveyors and solicitors, the clients had a successful purchase.

 

The happy outcome

Stacks London secured an 8% reduction in the asking price and used their trusted team of solicitors and surveyors to navigate the exchange and completion process for the clients within 6 weeks – a speedy result by anyone’s standards, for a new development, which had the added benefit of minimising the impact of currency fluctuations.

 

How Stacks made a difference

Stacks London’s in-depth knowledge of the London property market meant that our overseas buyer was not wasting time on evaluating unsuitable locations or properties.  The client could trust our experience when making recommendations, especially as they would not be viewing the property themselves.

Our relationships with selling agents enabled us to have priority viewing status, and allowed us to view off market properties which in Mayfair is vital.

Our experience with UK property legal issues meant that the subtleties of leasehold negotiations were identified early and problems avoided.

Our network of professional support enabled a swift process and its attendant advantages.

If you have more important things to be spending your time on, but still need to get moving, contact your local Regional Director to find out how more on how they help people just like you.

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