Hong Kong Protests & Trade wars Lead Property Investors to Manchester
There was a recent post regarding Hong Kong Investors to the UK.
The Financial Times recently analysed the different reasons why Hong Kong nationals and residents are increasingly investing overseas. Hong Kong’s housing shortage and skyrocketing property prices have caused many to look elsewhere for property. These investors seem to becoming to Manchester, Doncaster and Liverpool. We have sold to these investors. Actually have one sale hopefully coming to conveyance upon receiving our HMO License. The aggravating thing is we applied for the HMO license in Oct 2018. We asked the council for their help as the wait has been beyond lengthy.
According to this article by South China Morning Post, many tourists from Hong Kong and China arrive in London and then visit Manchester and Glasgow. And a large number of them aren’t just tourists but investors looking for property. As people are increasingly leaving London because of high prices, both homeowners and property investors are looking to areas such as north and the Midlands for more affordable house prices and markets with room for further growth.
If you are a property investor and looking to sell suggest you open yourself up to Hong Kong property investors.
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