Immigrants from the UK are investing in real estate

As shown by new research published by Lloyds Bank, British expats have a huge appetite for buying UK property as an investment.

Expats living in United Arab Emirates, France and Switzerland are increasingly turning their sights on the UK in order to make an investment with the purpose of putting property to rent. Among them 38% are primarily interested in regular rental income, and the vast majority – 89% are confident in the growth of the real estate market.

Almost half of the surveyed immigrants said they are likely to purchase a property in the UK over the next two years.

As practice shows, those who already have property in the UK, acted more wisely than those who have property in other States.

Confidence and, consequently, confidence in the property market in the UK very much. The so-called “consumer sentiment index” has grown since March 2013 50%. And it is not surprising that many Brits who have left the country, now they want to invest in it.

For many expats important is the fact that the pound is quite weak against the Euro and the Dollar.

For example, property in the UK worth £300000 pounds now approximately 25% cheaper to a European buyer receiving income in Euros than it was in 2007, before the financial crisis.

Thus for Expat housing market in the UK attractive, in addition to its growth, and even the weakness of the pound against the Euro and the dollar.

It is very likely that the main buyers of property in the UK among immigrants will be the residents of the Arab Emirates, France and Switzerland. This may be due to geographical proximity and local law. Many respondents, for example, already have in its portfolio the real estate in UAE and now, wanting to build a portfolio of interesting investment, they are willing to buy property in the UK.

® Alice Morgan. 18.04.2014,

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