UK: Shariah compliant financier Nomo Bank is projecting that “demand from the GCC for UK residential property has the potential to be boosted by falling borrowing costs and an improved macroeconomic outlook” in 2026. The first phase of the Renters’ Rights Act coming into effect could cause potential confusion for buy-to-let investors – as many from the GCC region have increasingly turned to limited companies – particularly SPVs – when making purchases, noted the bank. Purchases have particularly been within the sub-GBP2 million (US$2.68 million) segment.
The bank’s survey, using data from property search portal Rightmove, showed London to remain the most attractive destination in 2025 – accounting for 23% of GCC demand. The survey showed “Scotland (19%) and the North West (18%) emerging as clear favorites for Gulf residents due to lower value entry points and stronger yields”. The UAE, Saudi Arabia and Qatar accounted for 86% of all GCC-based inquiries to September 2025.
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