New research from Knight Frank shows that 58% of homes were bought by domestic buyers. Europeans accounted for 13% of sales during the year, while one in ten sales were to Asian buyers. Nearly 5% of sales were to Russian purchasers.
But in the new build market, although UK buyers remain the largest segment at 27%, buyers from Singapore were second with 23%, followed by Hong Kong buyers at 16%, Chinese buyers at 5% and Malaysians at 4%.
Indeed, overseas buyers purchased new build property in London worth some