HSBC BUY-TO-LET GUIDE TO THE UK MARKET
2016-03-27
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While UK and Australia properties gives decent rental income and impressive capital appreciation, Hong Kong investors target them also for their next generation.
The average rent has now risen above £800 per month across England and Wales.
New research saw average rental figures in July hit £804, up from £789 in the previous month - an increase of 1.9%. This is the fastest month-on-month rise since records began in 2009.
Below is the summary of measures announced by Chancellor Rishi Sunak in the Budget.
The unstable pound has contrived to aid the property market after Brexit, as overseas investors have made an ever-increasing number of overtures and investments in British property.
While Brexit has caused GBP to falter, Hong Kong real-estate tycoons have been quick to take advantage of the weakened currency to start building their property empire in the UK