Foreign buyers accounted for a fifth of all home purchases in London in the first half of the year, down from almost a third a year earlier, research by Hamptons International shows.
Weaker local currencies deterred potential buyers in Asia and Russia, while higher stamp duty rates and concerns about the referendum on European Union membership also played a part in the decline.
The percentage of foreign buyers in Kensington, Belgravia and Knightsbridge fell to 43% from 56%.
Click here for the full Times article (£)
