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UK residential property fund/ETF
We are thinking of moving abroad (possibly permanently) but for the foreseeable future remaining UK tax resident. We will be selling our house in the South East. Originally, we intended to buy a flat in a similar area (since we plan to return frequently to the UK for holidays etc and we have young adult children who may need somewhere periodically to stay). However, I am beginning to be drawn to the flexibility of renting rather than buying.
My particular concern is that by renting I will be out of the UK property market and miss out on any property price appreciation. This would be a problem if we were to return to the UK and need to purchase a new home.
To mitigate this risk, I could put some of the proceeds of my house sale into a UK residential property fund or ETF that ideally tracks South East residential property prices (Halifax/Nationwide house price indices would suffice). Does such a fund/ETF exist? Can anyone recommend such a fund or think of other way to achieve this? Thanks