Luxury Property London

What are the risks associated with purchasing a property in London without viewing it in person?

Purchasing a property without viewing it in person can carry some risks, including: Hidden issues: Without seeing the property in person, there may be hidden issues that you are not aware of, such as structural problems or damage that is not visible in photos or videos. Misrepresented property: Photos and videos can be deceptive, and the property may not be accurately represented. For example, the...

Can I purchase a property in London without visiting the country in person?

Yes, it is possible to purchase a property in the UK without visiting the country in person, but it can be more challenging. Here are some things to keep in mind: Identification and verification: As a buyer, you will need to provide identification documents to your solicitor or estate agent, and they will need to verify your identity. This can be done remotely, but it may require additional...

What other taxes do I need to pay as a property owner in London?

As a property owner in the UK, you may be required to pay several other taxes in addition to Stamp Duty Land Tax (SDLT). Some of the most common taxes are: Council Tax: This is a local tax paid to your local authority to fund local services such as waste collection, road maintenance, and public parks. Income Tax on rental income: If you rent out your property, you will be required to pay income tax...

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