The research from Butterfield Mortgages, commissioned through Censuswide, showed that brokers now see interest from every continent.

Butterfield Mortgages said its independent survey of 300 UK-based mortgage brokers demonstrated the sustained appeal of the UK property market to international buyers, despite changes to the UK’s tax regime.

When brokers were asked which regions their overseas clients most commonly came from, Australia and Oceania led the list at 49%, potentially reflecting growing expat interest from markets such as Australia and New Zealand.

This was closely followed by Central America and the Caribbean (45%), alongside significant activity from Europe (39%) and Africa (36%).

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Meanwhile, 32% cited clients from East Asia, 25% from North America, and 4% from South America.

Alpa Bhakta, CEO at Butterfield Mortgages Limited in the UK, commented: “Following months of speculation about the appeal falling away due to tax changes, it’s clear that the resilience of bricks and mortar remains.

“To see Australia and Oceania cited as the region generating the most demand was surprising, but underlines just how diverse the interest now is.

“Providing clear communication, flexible lending solutions and the right specialist expertise can make all the difference in helping brokers support their clients and ensuring international buyers can access the finance they need.”