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China Desk

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China desk

Over the last three decades, Chinese investors have relied on us as a trusted resource when looking to buy residential properties in London. Our range of services extends from our Shanghai office which forms a first point of contact, to our dynamic China Desk in London which ensures that all stages of the property purchase are smooth, discreet and transparent. Our Shanghai-based personnel regularly visit London in order to keep abreast with the most current property trends, topics and techniques.

With offices in China, Hong Kong, India, Malaysia, Middle East, Singapore and South Africa, Benham and Reeves has a reputation for excellence throughout the region. Chinese investors put a great emphasis on trusted relationships as they may not always get to view their target property. They require an estate agent that staffs its China desk with native speakers who can conduct complex negotiations in the relevant languages and see them through from property search to post-completion.

There are distinct advantages for Chinese investors when they work with us:

  • Working closely with our international offices, we can pinpoint the needs of potential investors in China before starting the main search for properties for sale in London. This involves the strategic targeting of requirements so that properties meet the investment needs of a particular client.
  • An in-depth knowledge of the London property market that is based on exhaustive research of both local and international trends. Long-standing links with leading property developers allow us to pass on invaluable knowledge to our clients.
  • Advice concerning financing, legal & tax regulations.
  • Strategic planning that ensures that our client’s property portfolio is giving the best return possible. New areas of London are constantly opening up and as a London estate agent, we can advise how best to exploit the opportunities that they offer.
  • Fair and accurate property valuations are a vital starting point for any serious property plan. When investors are involved in multiple purchases it is important to keep a close eye on overheads. To this end, we seek to ensure that our clients do not pay a penny more than they have to.
  • Investment in a London property that pays immediate dividends is what we all want for our clients. Our capable and experienced staff are experts in taking the hassle out of finding and negotiating with quality tenants.

Meet the Shanghai team

Meet Penny Cheung – Head of China Desk

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Speak to one of our experts

Our well-trained sales negotiators are on-hand across London to help you

Property shortages and price hikes continue in London

Across our nineteen London branches and our international offices, we’ve also seen demand increasing over the last few weeks, including over the Easter Bank Holiday weekend, which has been our busiest ever Bank Holiday for buyer registrations. Local footfall to our branches is also up by 9%. We have been receiving offers and agreeing sales on properties across London as buyers prioritise their house move over other considerations.  Most are keen to secure a mortgage deal as quickly as possible before any possible interest rate rises or being gazumped. This increase in market activity is driven by the norms of returning to City life; the return of domestic professionals to their offices, wealthy overseas buyers being able to travel and the re-opening of cultural attractions. A key challenge for us remains the lack of stock, and as ever, we are very keen to talk to sellers about new instructions as we have so many buyers registering with us at the moment.

London’s top residential developments remain at the top of buyers’ wish-lists

New homes in residential developments continue to be hotspots for many buyers looking for a high specification home and great facilities.  And of course, many are situated at the heart of areas undergoing dramatic regeneration – so amenities and transport links are usually excellent. At Beaufort Park in Colindale, demand is exceptionally high and apartments here are selling almost immediately.  Many of these are second homes, not brand new and they offer fantastic rental potential as most already have a pedigree rental history providing good yields and income. We desperately need more stock here to satisfy the overwhelming demand here. Buyers range from international investors to local professionals, from owner occupiers to buy-to-let investors and Hong Kong BNO Visa holders who having rented here for several months, are now looking to put down roots. Other residential developments where demand for apartments is exceptionally strong are other major schemes where we have an estate agents branch on-site such as White City Living in West London W12, Nine Elms Point SW8, Imperial Wharf in Fulham and Royal Arsenal Riverside in Woolwich. Demand is also increasing in Canary Wharf and Surrey Quays, as professionals look for homes closer to their place of work to ensure a shorter commute.

Prime central London sellers take advantage of new market conditions

The limited stock available in prime central London means that properties are selling faster than they have in the last 12 months even in locations such as Kensington and Chelsea where our local branches are seeing an acute shortage of properties for sale. The last couple of years have been difficult for overseas investors which have traditionally formed a considerable part of ownership in the central London property market and the pandemic really dampened demand.  But now that UK travel restrictions have been lifted for most of us, we are seeing the return of wealthy investors looking to expand their portfolios and receiving good offers again.  Some countries still have stricter restrictions than the UK, so while interest from overseas buyers is growing, there are still some challenges!

Realistic market valuations are essential

While property prices in London are undoubtedly pushing up, a realistic market valuation remains essential and accurately priced properties will sell quickly.  Value for money is as important as ever, even in this competitive market. We urgently need new instructions across London to meet growing demand from homebuyers and property investors.  Get in touch to arrange a free, no obligation market appraisal of your property, you might be surprised at just how much we can achieve.

--> Shortages of property for sale in London is continuing with the number of properties for sale still historically low, with apartments in particularly high demand, both from owner occupiers and buy-to-let investors. The scarcity of properties and rise in the number of potential buyers, is causing property prices in London to grow at their fastest rate since August 2016.  According to Rightmove’s latest House Price Index
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