The flood of interest in London property continues unabated, despite the historically low yields available. It requires more care, but prime central property can still return 5%-6%
The UK and London in particular has seen substantial amounts of money being poured into the residential investment market by overseas investors. Interest has been most marked from countries such as South Africa, Hong Kong, Singapore and China, as well as investment from the States and other European countries. It seems strange that foreign investors woke up to the idea of buy to let several years before it became fashionable here in the UK. The Far East and Hong Kong in particular started to buy and invest in residential accommodation in London in the mid-90s when yields could be as hig...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
