[4][needs update] For a few years, Chinese developers and investors more and more have seen that the UK government gives support and encouragement to these projects, making London seem like the ideal area when looking at European markets for higher returns and strong growth.
[6] In related research, The Times found that more than 93 per cent of flats in one of Manchester's biggest housing developments have been bought by foreign residents or companies registered overseas.
[7][8] UK has a booming online real estate market which is dominated by portals which list properties for buyers and sellers and work with agents, charging them for their inventory.
While the online real estate landscape has been changing over the years, new models have been introduced which focus on a freemium approach, not charging agents anything for listings but making money from selling add-ons and leads.
Virtual reality, which is more prominent in video games, was accommodated by real estate listing portals to highlight the possibility of touring properties remotely.