Forty-four per cent of UK investors are currently planning to expand their property portfolio in the coming year, a new study has found.
Research from FJP Investment revealed that 42% of these investors cited real estate as the main focus of their investment strategy at present.
The findings, based on a study among 512 investors who own two or more properties in the UK, indicated that of those planning on purchasing a property in the next 12 months, London is the UK’s leading investment hotspot, with 40% considering investment in the capital.
Following London, the West Midlands and East of England ranked second and third, with 32% and 26% of investors respectively inclined to purchase a property in these regions. The South West was fourth (19%), followed by the East Midlands (17%).
The same findings also suggested that 44% of UK property investors have become more inclined to consider investing in properties in rural areas since the start of the pandemic.
FJP Investment CEO, Jamie Johnson, said that the stamp duty holiday had “clearly played a part” in boosting activity across the property market.
“With the worst of the pandemic hopefully behind us and investor confidence returning, it is positive to see that property portfolio expansions are high on investors’ agendas for the coming year,” Johnson said.
“Tellingly, London has retained its crown as an investment hotspot, despite speculation throughout the pandemic that the city may have lost its appeal as a place to live, work and invest.
“Yet our research also shows that regions such as the West Midlands and East of England rank high among investors’ wish lists, and we should expect these areas, along with the likes of the North East and North West, to attract high level of property investment in the coming years.”
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