Property News · November 8, 2017

Children’s education drives Chinese demand for UK property


Chinese parents keen on a British education for their children are buying residential property in the UK in greater numbers, despite Beijing’s tightening control on capital outflows, real estate agents say.
Chinese buyers now account for about 20 per cent of new residential property transactions in London, up from just 5 per cent three years ago, said Andrew Hay, the global head of residential at property consultancy Knight Frank. And 80 per cent of Chinese buyers are primarily motivated…

Source : South China Morning Post
Read more…Children’s education drives Chinese demand for UK property

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