PHOTO: The UK property market could receive a boost from China (Image: GETTY)

CHINESE investors are set to spark a UK house-buying boom as they take advantage of a weak pound and a property market brought to its knees by the corinavirus pandemic, according to an industry insider.

Ms Di Lieto said Britain’s growing popularity as a choice for holidays, business and study among China’s wealthy was fuelling the beginnings of a potential property buying boom by Chinese purchasers.

Research by China’s biggest private education company, Kai Tak, shows the UK is now the number one choice for Chinese students studying abroad.

Ms Di Lieto said: “Houses and flats, including luxury properties, are bought for use while children are at university and also as investments and holiday homes.

“One purchase created media headlines when a flat for £5 million was bought in central London for a Chinese student studying at University College.”

But she said other buyers from China such as millionaires with Tier 1 Home Office residency visas which are being granted in record numbers were also important to the UK market.