Foreign buyers are also snapping up Sterling weakness has ignited a foreign property buying spree across the UK , making it even more difficult for many British residents to enter the property market . A recent report reveals that over 93 % of flats in a major Manchester housing development have been bought by foreign residents through companies operating abroad . It also notes that there is a plentiful supply of international investment that could pour into the UK via property - there are one million potential buyers in China alone .
Sterling weakness has ignited a foreign property buying spree across the UK , making it even more difficult for many British residents to enter the property market . A recent report reveals that over 93 % of flats in a major Manchester housing development have been bought by foreign residents through companies operating abroad . It also notes that there is a plentiful supply of international investment that could pour into the UK via property - there are one million potential buyers in China alone .