_Answering the 10 most frequently asked questions from Chinese property buyers investing in the UK

Property investment in UK can be a hassle when you don’t have a trusted professional adviser. Many would-be buyers that contact us don’t know where to start what is often a frustrating and complicated process. We answer the top 10 questions from Chinese buyers below to help clear up any confusion around investing in UK property. 

Your top 10 questions answered

Q: I do not hold a British passport; can I buy a property in London?

A: Yes. All overseas investors can buy property in London. 

Q: I do not speak English but I want to buy a small flat in London for investment, can you help me?

A: Certainly. Every member from the London China Desk speaks Chinese and we offer bespoke professional property consultant service to our clients. Our team members come from Shanghai, Chengdu and Hong Kong, offering both Mandarin and Cantonese consultancy services. 

Q: I do not speak English, how am I going to understand the contract?

A: We will recommend you trusted Chinese-speaking solicitors to work on your case. Also, we will guide you throughout the process to ensure a hassle-free purchase.

Q: Am I eligible for investment immigration if I buy a house in UK?

A: No you are not. Real estate investment can buy you passport in some European countries but this just isn’t the case in the UK. 

Q: What agency fee do I have to pay Knight Frank if we buy through London China Desk?

A: We would not charge you a penny if you purchase properties advertised by Knight Frank.

Q: Should I purchase an off-plan or a resale property?

A: This depends on your needs. We understand that there is strict foreign currency control in China and it is difficult for some buyers to transfer funds out of the country. Purchasing off-plan using a mortgage will give you more flexibility if you have this need. If you have an immediate need and your funds are ready outside China, considering a resale property is also a good option. Contact us to learn more.

Q: Can I get a mortgage if I buy property in UK?

This depends on your financial background and selected property. There are mortgage options available for Chinese buyers who want to buy properties in UK. For more information please contact us.

Q: I am interested in buying a house outside London, can you help me?

Certainly, we can always contact our 30 country offices across UK to assist you to find your dream property. 

Q: Can I buy a property in Central London for my son who studies in LSE?

A: You are more than welcome to. You son is a very lucky boy! Contact us to learn more.

Q: Can you find me a tenant after my property completed?

A: Certainly, we will refer you to our Chinese-speaking customer care and property manager. They will take good care of your property for you. 

As you can see from the above questions, buying properties in a foreign country can often be complicated and confusing. Every member of the Knight Frank China Desk is fluent in both Chinese and English, so we are perfectly positioned to navigate the purchasing process on behalf of Chinese speaking buyers.

We don’t specify a minimum budget, either. In fact, all we require from clients is mutual trust and respect; if you are ready to take our guidance, we are most certainly ready to find your perfect London property.

Based in our London HQ, the China Desk offers a one-stop shop bespoke property consultancy, listening to Chinese buyer requirements to understand their different needs and tailor the search accordingly. If you’re a Chinese investor looking to buy in London, get in touch. We would love to help.