Due to the high number of immigrants, especially international students from India, there has been a growing demand in real estate in the UK. London especially has seen a significant increase in the demand for properties. Students are now preferring to buy Properties instead of renting them because the rent is too high and impractical. More than 1,42,848 students went to the UK from India as students this year. This is a massive search in the population of international students going from India to the UK as compared to the previous year.
Now parents from India are preferring to buy properties for their students in the UK for living purpose instead of renting them apartments. As per reports, there has been a 64% increase in the investment made by Indians in the real estate business in London. Real estate agencies have reported that more than 40% of the enquiries coming these days are from India. Parents of international students argue this as a more lucrative and safe investment rather than renting apartments for their children.
