Hong Kong Property Trends in 2021
The ongoing pandemic has impacted the world’s markets in a variety of ways. With 2021 presenting many different possibilities, what Hong Kong property trends can we expect to see take hold?
While Hong Kong has always been in a league of its own in terms of economy and a swelling property market, how is the most expensive place to purchase property faring in the new year?
Each month, we’re examining the Hong Kong property trends in 2021 and why so many investors are considering investing in UK property from Hong Kong.
Invest in UK Real Estate from Hong Kong
While COVID-19 brought challenges, new predictions for the UK show that property prices are expected to grow in key UK regional areas over the next four years. London’s slow recovery is pushing people further afield, making commuter towns and established locations in the Midlands and the North more attractive. With growth of 7% recorded at the end of 2020, plus the finalised Brexit deal, it seems we’re seeing some certainty return to the market.
If you’re looking to invest in UK real estate from Hong Kong, here’s where you should be considering. Our brand new UK Investment Guide for 2021 is filled with the insights you need to make an informed decision and is completely free.
Hit the link below and download your copy of the 2021 UK Investment Guide today.
Financing Your Investment
In terms of securing a mortgage for a UK property, the first important step is to find the right lender to suit your needs. A specialist lender will typically have a much larger range of products to suit your needs, plus a broader outlook of different markets.
If you’re going to invest in UK real estate from Hong Kong, it’s expected this will be the most common method of financing, so it’s vital that you’re working with trusted partners and understand the products that you’re looking for.
Want to know more about international mortgages for Buy-to-Let investors? Read on to find out.
Taxes for Overseas Investors
Despite the challenges of recent years, statistics show that the UK remains a leading international target, especially for investors based in Hong Kong.
While we’ve already identified how HK investors can build value using UK property, it’s important to understand the tax implications that come with such an investment.
Below we round up the top five things Hong Kong investors should know about UK property tax and how they can set themselves up for success within their own investments.