Hong Kong buyers rush for properties in the capital
There has been significant increase in the number of people from Hong Kong purchasing homes in the capital since the UK government announced a new visa welcoming residents from the former British colony, earlier this year. According to new figures from Chestertons, which has 31 branches across London, sales enquiries from Hong Kong buyers have […]
London homes of the rich and famous draw Hong Kong buyers
Hongkongers are among the keenest buyers of homes that have been owned or rented by Hollywood actors, pop stars and tycoons, seeing them as a sound investment whose resale value is likely to be boosted by their celebrity associations, according to a London-based luxury property agency. “Hong Kong and mainland Chinese buyers love buying prestigious […]
London should be the first to welcome those from Hong Kong
On 31st January, millions of Hong Kong residents were offered a new route to move to Britain. Already 5,000 have signed up for a visa that allows them to settle in the UK, with some estimating as many as two million may eventually move here. For London’s property market, which has had a tough few […]
Hong Kong Buyers Rush For Properties In The UK
There has been a significant increase in the number of people from Hong Kong buying property in the UK, estate agents report. Research shows that Hong Kongers became the fifth largest foreign investors in central London as of last August and have been driving up prices in some popular districts outside the capital. Some people […]
London’s housing market lures Hong Kongers seeking safe haven
Wealthy Hong Kong residents seeking to escape the city’s political upheaval are flocking to London, offering a potential lift to the capital’s ailing luxury housing market. Realtors are seeing a surge in interest from Hong Kong, driven by falling prices, favorable exchange rates and Prime Minister Boris Johnson’s easing of immigration rules for many residents […]
London sees surge in demand from Hong Kong buyers
Mortgage brokers and estate agents have reported increased demand from Hong Kong buyers following new security laws in the region as well as UK stamp duty changes, low interest rates and a weak pound. Estate agents Chetertons says that the ongoing tension between Hong Kong and China resulting in Boris Johnson’s offer of British citizenship […]