To ensure that the property you are interested in is free from legal issues, it is important to undertake thorough due diligence. Here are some steps you can take: Conduct a property search: A property search can reveal important information about the property, such as whether it is subject to any legal restrictions, has any pending disputes, or has any outstanding charges or liens. You can obtain a...
As an overseas buyer, purchasing property in the UK may have tax implications both in the UK and in your home country. Here are some key tax considerations to keep in mind: Stamp Duty Land Tax (SDLT): SDLT is a tax on property purchases in the UK. As an overseas buyer, you will be subject to SDLT on your purchase, with rates varying depending on the property value. The rates are generally higher for...
When purchasing property in the UK as a foreigner, there are a number of foreign exchange risks to consider. These include: Currency fluctuations: The value of the currency you use to buy the property can fluctuate significantly over time, affecting the final amount you pay for the property in your own currency. Exchange rate volatility: Exchange rates can be volatile, and sudden movements in the...
Compare listings
Compare