Among those planning on purchasing a property in the next 12 months, London emerged as the UK’s leading investment hotspot.
An estimated 44% of UK investors who own two or more properties plan to expand their portfolios in the coming year, with 42% citing real estate as the main focus of their strategy at present, according to FJP Investment.
Among those planning on purchasing a property in the next 12 months, London emerged as the UK’s leading investment hotspot, with 40% considering investing in the capital.
Behind 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 came fourth (19%), closely followed by the East Midlands (17%).
FJP Investment’s research also found 44% of UK property investors have become more inclined to consider investing in properties in rural areas since the start of the pandemic.
Jamie Johnson, chief executive of FJP Investment, said: “The stamp duty holiday has clearly played a part in boosting activity in the property market and 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.
“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.”
