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Revealed - where Asian and Chinese buy to let investors purchase

Chinese and Asian investment and marketing service Juwai IQI UK has revealed where in this country property investors from those locations are most interested in putting their money.

Juwai IQI group chief executive says: “In 2020, Asian buyers demoted the United Kingdom from its 2019 rank as the seventh most popular country for cross-border real estate acquisitions to eighth. Nonetheless, the United Kingdom remains a top 10 country for every leading Asian source of buyers including China, Singapore, Malaysia, Vietnam and Thailand. 

“London is, of course, the premier destination for Asian buyers in the UK. Manchester is second, followed by Liverpool, Cambridge and Birmingham.”

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Chmiel adds that Chinese and Asian investment in the second half of this year is likely to be tempered because of the rush in the first months of 2021 to beat the two per cent stamp duty surcharge imposed on non-resident overseas investment buyers. 

“Nonetheless, the UK remains a very popular global destination for second homes, immigration, investment and education” he adds.

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