Helen Goodman – 2016 Parliamentary Question to the Department for Communities and Local Government

The below Parliamentary question was asked by Helen Goodman on 2016-01-13.

To ask the Secretary of State for Communities and Local Government, what estimate he has made of what the proportion of London residential property is owned by foreign nationals of which countries.

Brandon Lewis

The Bank of England estimates that foreign buyers represent 3% of total residential property transactions in London (Page 24 of November 2013 Financial Stabilty Report – http://www.bankofengland.co.uk/publications/Documents/fsr/2013/fsrfull1311.pdf ).

“