China has suddenly stopped buying foreign property – Business Insider UK

Morgan Stanley reports that the Chinese government is pulling back from purchases. They will stop buying foreign property in the coming months. They were 25% of buyers for Central London property in 2016. But residential prices for property in London began falling in the last few months. Morgan Stanley reports that Chinese property investments have fallen by 84%. These investments once topped $10.6 billion on a global scale in 2016. Now the investments are worth just $1.7 billion on the year.

Read more: China has suddenly stopped buying foreign property – Business Insider UK

Now that you've read this are you interested in talking to a mortgage adviser? Fill out the quick form below and you'll be contacted soon by an independent, regulated mortgage specialist for a free no obligation quote.

You can save between £6,000
and £15,000 on your Mortgage

Get a custom rate and see how much you will save
by filling out the quick form below.

Value of Property
Borrow How Much
Type of Mortgage:
Bad Credit History?
Yes No