News | International investors more active in decade after Scottish referendum, Knight Frank finds
Post-Brexit uncertainty fuels increase in overseas property purchases
A report by real estate firm Knight Frank has revealed that international investors have been more active in the UK property market in the decade since the Scottish independence referendum in 2014.
According to the report, international buyers accounted for 22% of all property purchases in the UK in 2022, up from 15% in 2014.
Brexit uncertainty seen as a factor
The report suggests that the increase in international investment is being driven by a number of factors, including the uncertainty surrounding Brexit and the relative weakness of the pound.
The report also found that international investors are increasingly looking to invest in regional UK cities, such as Manchester, Birmingham and Edinburgh, rather than just London.
Report highlights growth of overseas buyers
The report highlights the growing importance of international buyers to the UK property market. International investors are now a major source of demand for both residential and commercial property.
The report's findings are based on a survey of over 500 international investors. The survey found that the majority of investors are looking to invest in the UK for the long term.
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