Why ERE Property is the top choice for Hong Kong investors

At ERE Property, we specialise in securing high-quality UK real estate investment opportunities for our clients. With years of experience, we pride ourselves as the top choice for Hong Kong clients. Here are a few reasons why our investors chose us over other companies:

Hong Kong office

Having worked in Hong Kong for over five years, ERE has built up relationships with our clients through a system of recommendation and referral. We opened an office in Wan Chai to be able to meet with our clients and build a tailor-made investment portfolio for them.

Bilingual property consultants

Continuous improvement is one of the core values of ERE. We strive to make your experience as smooth as possible. We have recently invited two bilingual Property Consultants to join our company. No matter how you want to discuss your investment plans, whether in Cantonese, Mandarin or English – there is someone at ERE who can help.

Integrity

We have established a sound reputation and are trusted by our clients. We understand that there is still very little regulation in relation to overseas investments in Hong Kong but our Managing Director recently met with a member of the Legislative Council of Hong Kong to discuss a future self-regulated scheme for overseas property agents. We take the integrity of the industry seriously.

We are a registered member of the of the Association of International Property Professionals (AIPP)

The AIPP is working to improve standards within the international property industry and its members voluntarily agree to standards of practice. We hope to bring AIPP’s values into Hong Kong’s overseas investment market and help to contribute to improve regulation for over overseas investment companies in the area.

If you’re interested in investing in the UK properties, contact one of our investment specialists today.

General Election 2017 – Key points for buy-to-let investors

Poll results

The gaps are narrowing. It is looking less likely that the Conservative landslide that was predicted when the election was announced, will happen. Not many people will trust the pollsters this time around, after the false Brexit vote and the US presidential election predictions. A better barometer of election victory is thought to be the local bookies and some pollsters are looking at the types of election bets people are putting on. With less than one week until the election, odds are 1/12 for the Conservatives, 13/2 for Labour and outside odds for the other parties range from 500/1 or 1000/1.

Housing Crisis

The Conservatives have stated they plan to give more money to local authorities who would have the opportunity to get involved with the development of council homes. The most controversial measure from the perspective of landowners would be to reform compulsory purchase powers. This would mean landowners could be asked to give up their land for less than the full value. Andrew Carter at Centre for Cities believes that there are ways of giving landowners fair value through a market system so the process could be controlled to the benefit of all.

Labour’s focus is on the rental market, with the addition of the promise of 100,000 council and housing association homes by the end of the next parliament. Jeremy Corbyn wants to help those in the rental sector by increasing the minimum tenancy length to three years, scrapping the right-to-buy scheme and getting rid of letting fees.

Effect on Brexit

Brexit is going to take place, there is no getting around it; Article 50 has been officially triggered and now it is down to how we negotiate our exit. As would be expected, Brexit has featured in both campaigns, although probably more heavily in the Conservative campaign. Theresa May is determined to have a strong and stable Brexit that draws on Britain’s global outlook and create new trade agreements with other countries. Jeremy Corbyn’s approach is to retain access to the single market and reject the idea that ‘no deal’ is viable in EU negotiations.

Supply

Demand on the housing market has long outweighed market supply. A simplistic look at some of the factors which have affected the issue of supply are the financial crisis, which affected construction output and also successive governments have built fewer homes than needed resulting in a ‘housing crisis’. Brexit and the General Election mean that some homeowners are waiting to see what the outcome of this uncertain time is before selling their existing properties. However, don’t neglect factors such as the growth and expansion that will continue, especially in the towns and cities of the North and Midlands irregardless of the outcome of this 2017 election.

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Would you like to talk to someone about the effect of the General Election and Brexit on investment property? Call us in the UK or Hong Kong or fill in the contact form below.

Case study: A British expat couple building their property portfolio from Hong Kong

Carl and Jenny are a British expat couple who moved to Hong Kong and want to use their higher income and savings to invest in UK buy-to-let property. We look at how they choose the right property in the right location, the route for finance and how to choose a management company to look after their investment.

Disclaimer: This advice is not intended to replace professional advice from your mortgage brokers and this information provided is dependent on the market situation. Please seek further advice from other professionals. ERE Property is not responsible for, and expressly disclaims all liability for, damages of any kind arising out of use, reference to, or reliance on any information contained within the site. While the information contained within the article, no guarantee is given that the information provided in this Web site is correct and up-to-date.