Since the UK government decided to grant residency rights to nearly three million eligible Hongkongers, many of the city’s residents have been hunting for properties all over the country.Last year, about 30 per cent of homes around the Greater London area were sold to international investors. Buyers from Hong Kong alone bought 8 per cent of prime central London homes, or four times more than a year earlier.The number hit a record, making Hongkongers the joint second biggest buyer group in that…
Source : South China Morning Post
Read more…Paying cash for your UK home? Beware of some unintended consequences
