PRESS RELEASE
18th February 2021

London property gets boost as Asian students favour UK

Higher Education Statistics Agency (HESA) recently released its latest student data on the 2019/20 academic year.  

London Central Portfolio (LCP) has undertaken its own in-house analysis of the data to examine the impacts on the prime London property market. The analysis reports:
  • A continued positive trend in Chinese student enrolments into the UK.
  • 15% growth in Chinese student enrolments in the UK in 2019/20, the highest rate seen in recent years.
  • 21% of Chinese students studying in UK establishments enrolled in London.
Source: LCP analysis of HESA data
Andrew Weir, CEO of LCP, comments "The UK’s safe haven status, diverse and liberal culture has attracted overseas students who would have previously studied in the US. The US has not seen growth rates above 5% since 2017, this contrasts with a 15% growth rate in the UK in 2019/20."

Source: LCP analysis of Open Doors and HESA data
"Despite fears Brexit may impact the UK and London’s status as a global city, the number of first year overseas students from the Asia region now vastly outnumbers the total number of students from all EU countries combined.

There has been a recent surge in students from India enrolling into UK higher education establishments, almost doubling in 2019/20 compared with the previous academic year. A new generation of overseas students view the UK as a desirable place in which to reside and study.

London takes pole position with approximately one in five Asian students enrolling to study in the UK choosing London for their higher education in 2019/20.

At the beginning of each academic year, LCP receives a substantial increase in demand from wealthy foreign students seeking prime London apartments.

In-house data reveals that 86.1% of students are from abroad and, in September each year, on average nearly two-thirds of new tenants are students.
Whilst the pandemic has disrupted the usual seasonality of the rental market, if future enrolments reflect existing trends then prime London property is set to return to its former dynamic self enjoying a significant recovery once international travel restrictions are lifted," comments Weir.
- ENDS -
For more information please contact:
Andrew Weir, CEO of LCP by email: andrew@londoncentralportfolio.com
Amelia Vevers, PR & Marketing Manager by email: amelia@londoncentralportfolio.com

About London Central Portfolio (LCP)
Established in 1989, London Central Portfolio (LCP) is an internationally renowned, award-winning real estate investment advisory. A boutique sized firm acting for UK and overseas property investors and homebuyers seeking exclusive prime London real estate. As one of the UK’s first buying agents, LCP provides superior access to buying opportunities as well as hands-on project management and creative design solutions, to suit all aspirations and budgets. Using sophisticated financial modelling with a detailed appraisal of every proposed opportunity, LCP will negotiate and secure the property for the best price and as part of its end-to-end offering, provide an efficient letting & management service for landlords to enjoy a seamless, hands-off investment.
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