Financial Times FT.com

Foreign buyers snap up UK country houses

By Daniel Thomas, Property Correspondent

Published: November 20 2009 18:24 | Last updated: November 20 2009 18:24

The traditional owners of Britain’s large country houses are being displaced by a wave of international and “new money” buyers, according to research.

Savills, the property consultancy, identified a shift towards buyers with a background in finance, business services and commerce, as well as a rise in country house owners from overseas, with purchases rising among Chinese, Middle Eastern, Indian and Russian nationals.

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