What’s next for the UK property market?
Add in pent-up demand and a desire for more space, along with an expected increase to stamp duty for overseas buyers in April next year, and it’s easy to see why there has been a rise in interest from the Middle East. With British house prices now on their strongest growth run since 2004, with the average home now selling for £253,000 according to Halifax, how long will the house price surge last? What should Middle East investors do to ensure they get the best deal? And what’s driving the increased interest from the region?