Residential Investors out in force for £90m spree

London’s residential auctions racked up almost £90m last week as investors turned out in droves with a renewed appetite for property.
Allsop led the charge by raising £56.49m and achieving a 90% sale rate in its two-day sale at London’s Cumberland hotel, which attracted more than 1,000 people.
investors have concluded that a modest 4%-5% return is better than keeping savings in the bank right now.’
http://www.propertyweek.com/story.asp?sectioncode=36&storycode;=3134926



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