Global Neighbours: Why GCC buyers are purchasing UK residential properties

Gulf residents have a rich history of investing in UK property, whether for holiday homes, buy-to-let investments, or for children studying abroad.

Our analysis reveals that the Gulf Corporation Council (GCC) residential property investment in the UK is worth nearly £1 billion annually, with further growth on the horizon. With GCC countries' financial wealth expected to grow by 4.7% annually, reaching $3.5 trillion by 2027, many affluent Gulf residents are eager to invest their surplus capital in the stable and steadily growing UK property market.

However, these investments, while accessible to ultra-high and high net worth individuals, have been challenging for the affluent and mass affluent markets, especially those seeking Sharia-compliant finance. 

They find UK property and finance pricing fair but are often surprised by the extensive legal process and time required for completions.

This report dives deeper into these insights and offers guidance for brokers and GCC residents looking to navigate the UK property market.

Download Nomo's Global Neighbours report to discover more about GCC property investments →