To calculate the amount of Stamp Duty Land Tax (SDLT) you need to pay on a property purchase in the UK, you will need to take into account several factors, including the purchase price of the property, whether you are a first-time buyer, and whether the property is your main residence or a second home. The rates of SDLT are tiered based on the purchase price of the property, as follows: Up to...
As an overseas buyer, the maximum mortgage amount you can obtain in the UK will depend on a number of factors, including your income, employment status, credit history, and the lender's lending criteria. Some lenders may have specific requirements for overseas buyers, such as a larger deposit or higher interest rates, due to the perceived higher risk of lending to non-UK residents. In general, the...
In the UK, there are two main types of mortgages: fixed-rate mortgages and variable-rate mortgages. The main differences between the two are as follows: Fixed-rate mortgages: With a fixed-rate mortgage, the interest rate remains the same for a set period of time, typically between two and five years, although longer fixed-rate periods are available. This means that your monthly mortgage payments will...
Compare listings
Compare