Over the last few decades, many foreign investors invested in the U.K.’s property market and ensured a good return. Overall, the U.K. property market has done well compared to other developed countries for foreigner investors. The list includes Singaporeans as well. The U.K., especially London has historically been a popular investment location for Singaporeans. But now it has become a safe haven by Singaporean buyers as Sterling is weak, interest rates are low, and entry / exit are relatively easy.
Current condition:
There were a number of significant changes in the U.K. property market over the last few years. For instance, investment transactions increased over the last year or so while construction activity dropped significantly. Mortgage lending increased by 30% in November 2013 and ......