Source Rental Property

Renting in Battersea: A Comprehensive Guide

Renting in Battersea Battersea, located in Southwest London, is famous for its riverside living, green spaces, and iconic landmarks such as Battersea Power Station and Battersea Park. The area has undergone significant regeneration in recent years, attracting young professionals, families, and international investors alike. With its excellent transport links, vibrant community, and proximity to the River...

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

As a UK property owner, there are several taxes that you may be required to pay. Here are some of the most common taxes: Council Tax: This is a tax that is paid to the local council to fund local services, such as rubbish collection and street lighting. The amount you pay depends on the value of your property and the area you live in. Income Tax on rental income: If you rent out your property, you...

Are there any exemptions from Stamp Duty Land Tax for overseas buyers?

No, there are no exemptions from Stamp Duty Land Tax (SDLT) for overseas buyers. SDLT is a tax that is paid by anyone who purchases a property or land in England, Wales, or Northern Ireland, regardless of their nationality or residency status. All buyers, including overseas buyers, are subject to the same SDLT rates as UK residents. However, there is an ongoing consultation on whether to introduce a...

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