A Middle Eastern Client
Our client bought his property at the very peak of the sales market. With changes to his personal circumstances, he no longer used the property and it became an unused asset. We were tasked with managing the sale in a very challenging sales market, which saw several changes to stamp duty along with other significant changes to property ownership for foreigners. As a result we had to carefully manage our clients expectations on price and stay focused on a sale which would take many months to conclude.
The Perfect Conclusion
Our client was delighted when having reduced the asking price to £7.95 million we suddenly got multiple offers on the property for him from three interested buyers. We successfully agreed a final sale price of £7.25 million, just 3 days after Brexit.