Investors from the Middle East see the UK as a secure country for long term property investment.
Lancashire, UK (PRWEB UK) 28 February 2015
Find UK Property conducts regular surveys on non-residents who are looking to buy or have purchased property in the UK. A recent survey conducted in early January 2015 showed that investors from the UAE are now one of the largest groups of overseas nationals that are buying low cost investment property in the UK outside London.
The largest grouping (by continent) of investors looking to buy low cost investment property outside London is actually from Asia. Many are from the countries of the Far East including Hong Kong, Singapore, Malaysia, India and China.
Within the Middle East, the main country is the UAE and many such investors are from the Emirate of Dubai. Some have already invested in Dubai property and a large number of these are switching away from Dubai to the UK. The main reason for selecting the UK was quoted as good long term security of property ownership.
Andy Noble, Senior Marketing Consultant at Find UK Property said “Such investors in Dubai see the UK as secure country for long term investment with the aim of using rental income for children’s UK education, their own UK holidays or ultimately as a pension. A large percentage of such buyers are actually UK Expats who may already have invested in Dubai but now see that the market in Dubai is too volatile for long term reliability”
About “Find UK Property”
Find UK Property are the 'buyers' agent and specialize in helping serious overseas buyers find the most suitable investment property for their needs. The company conducts regular surveys on overseas investors and findings are printed at their “UK Property News” Blog at http://blog.findukproperty.com.
The most popular purchase are the fully managed low cost houses in the price range of £55,000 to £70,000 that come with full management, repair guarantees, and guaranteed rent. Many clients are seasoned investors who may have purchased investment property in other countries via sister companies Openshore Property and Sandcastles based in Dubai. Further details can be found on the Find UK sales website at http://www.findukproperty.com