Rajul Dhokia and Matthew Hattersley ask if US wealth can help revive stalled UK developments

Writing for Estates Gazette, Rajul Dhokia Director, Mantra Mortgages, part of BTG, and Matthew Hattersley, director and asset advisory expert at BTG Eddisons, asked if an influx of US investors could buyout and complete stalled ‘zombie’ development schemes.

At the tail end of the pandemic, remote working and low interest rates created significant developer investment into rural areas. However, as interest rate and build costs increased potential profit turned to loss seeing some schemes stall. These have often been called ’zombie’ schemes. 

Rajul and Matthew write that they have seen US investment rise in real estate. But ask if this could move towards these ‘zombie’ schemes, kick starting stalled developments.

With planning, grid connections and even sometimes buyers arranged these schemes can provide a good investment opportunity for some. Is this another route for overseas investment to explore?

Read the full article on Estates Gazette