English investors have something with real estate. Anybody with something on the side, tries to use property to create an additional income. Developers have used this enormous market to develop financing systems that do not need to pass via the banks. This has created a very rich and diversified “real estate” market.
Contrary to many other governments, The English tax man has opted to keep tax on transactions relatively low, but to tax the rental income as “additional income” – taxed at the highest tax rates. Annoying for UK citizens, but an enormous opportunity for foreign buyers, whose “highest tax rate” starts at 0%.