Investment in UK property by overseas landlords has hit a five-year high, according to property management company, ludlowthompson. Data compiled by ludlowthompson shows that 184,000 overseas nationals own property in Britain, representing a 19% increase over the past five years.
The property management company stated that the rise in the number of foreign buyers shows that Brexit has not deterred overseas investors looking to buy property in Britain. Ludlowthompson said that many overseas investors have capitalised on the drop in value of the pound sterling between the EU referendum and Brexit deal.