A survey of over 500 property investors claims to have uncovered the UK’s hotspots for the coming year.
It says some 44 per cent intend to expand their property portfolio with London attracting 40 per cent of their investment, while the West Midlands, East of England and the South West come next.
The FJP Investment firm commissioned an independent survey among 512 UK investors, all of whom own two or more properties in the UK.
The research also found that 44 per cent of investors have become more inclined to consider investing in rural areas since the start of the pandemic.
Jamie Johnson, chief executive, says: “The stamp duty holiday has clearly played a part in boosting activity in the property market and with the worst of the pandemic hopefully behind us and investor confidence returning, it is positive to see that property portfolio expansions are high on investors’ agendas for the coming year.
“Tellingly, London has retained its crown as an investment hotspot, despite speculation throughout the pandemic that the city may have lost its appeal as a place to live, work and invest.
"Yet our research also shows that regions such as the West Midlands and East of England rank high among investors’ wish lists, and we should expect these areas, along with the likes of the North East and North West, to attract high level of property investment in the coming years.”
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