Number of international buyers of UK property reaches record low
A mix of economic uncertainty and tax changes are stemming the flow of overseas house hunters, according to Hamptons estate agents.


The proportion of international applicants looking to buy a home in the UK has fallen to its lowest level on record, according to new data from Hamptons. Internationally registered buyers now make up just 1% of the total, down from a peak of 3% in 2009. In Prime Central London, that figure is now 2.9%, down from a peak of 7.9% in 2009.
Hamptons says that the decline in demand is ‘predominantly driven by fewer Europeans relocating to Great Britain’, with Europeans making up 43% of international house hunters in Q1 2025. North Americans and buyers from the Middle East are slowly picking up the slack, but not quite quick enough to stop the overall slide.
Proportion of all international applicants in Great Britain
So what is spooking foreign buyers? According to Hamptons, it’s more a question of what isn’t. ‘Political events worldwide continue to influence demand for UK property from international buyers,’ says Aneisha Beveridge, head of research at Hamptons. ‘But more recently, it's tax changes that have stemmed the flow of overseas house hunters. Stamp duty increases, particularly for those purchasing second homes, combined with Brexit and amendments to the tax treatment of non-doms, have added to costs and reduced the lure of property in the UK.’
'The case for buying a home, particularly in Prime Central London, has become increasingly tenuous for some international buyers'
London continues to remain the focus for overseas house hunters, with more than half of applicants looking to purchase in the capital in the first quarter of 2025. However, those chasing more affordable homes are heading north, it seems, with 10% of applicants looking at the north east, north west and Yorkshire, which is up from 5% a decade ago. 75% of these potential purchasers are looking for a permanent home, per Hamptons. Liverpool is the most popular city, attracting 49% of applicants looking to buy in the north of England.
‘The case for buying a home, particularly in Prime Central London, has become increasingly tenuous for some international buyers,’ Aneisha continues. ‘For those immigrating for an undetermined period, the cost of buying property and the prospect of little or no capital growth, as seen over the last decade in PCL, have led many to opt for renting instead.’
‘That said, access to all the amenities and culture that London offers, combined with the country's robust legal system, continues to attract money from overseas from those looking to buy’.
Sign up for the Country Life Newsletter
Exquisite houses, the beauty of Nature, and how to get the most from your life, straight to your inbox.

James Fisher is the Deputy Digital Editor of Country Life. He writes about property, travel, motoring and things that upset him. He lives in London.
-
380 acres and 90 bedrooms on the £25m private island being sold by one of Britain's top music producers
Stormzy, Rihanna and the Rolling Stones are just a part of the story at Osea Island, a dot on the map in the seas off Essex.
By Lotte Brundle Published
-
'A delicious chance to step back in time and bask in the best of Britain': An insider's guide to The Season
Here's how to navigate this summer's top events in style, from those who know best.
By Madeleine Silver Published
-
380 acres and 90 bedrooms on the £25m private island being sold by one of Britain's top music producers
Stormzy, Rihanna and the Rolling Stones are just a part of the story at Osea Island, a dot on the map in the seas off Essex.
By Lotte Brundle Published
-
A home cinema, tasteful interiors and 65 acres of private parkland hidden in an unassuming lodge in Kent
North Lodge near Tonbridge may seem relatively simple, but there is a lot more than what meets the eye.
By James Fisher Published
-
A rare opportunity to own a family home on Vanbrugh Terrace, one of London's finest streets
This six-bedroom Victorian home sits right on the start line of the London Marathon, with easy access to Blackheath and Greenwich Park.
By James Fisher Published
-
A tale of everyday life as lived on Britain's most expensive street
Winnington Road in Hampstead has an average house price of £11.9 million. But what's it really like? Lotte Brundle went to find out.
By Lotte Brundle Last updated
-
Damon Hill's former home in Marbella is the perfect place to slow down
The glorious Andalusian-style villa is found within the Lomas de Marbella Club and just a short walk from the beach.
By James Fisher Published
-
A 327-acre estate in the heart of 'England’s Côte d’Or', with a 26,000sq ft Georgian style home at its heart
Stokes Hall in the Crouch Valley is an inspiring property looking for a new owner.
By Penny Churchill Published
-
Schreiber House, 'the most significant London townhouse of the second half of the 20th century', is up for sale
The five-bedroom Modernist masterpiece sits on the edge of Hampstead Heath.
By Lotte Brundle Published
-
Is the 'race for space' officially over?
During the lockdowns, many thought the countryside was the place to be. It seems many are now changing their minds.
By Annabel Dixon Last updated