Forum United Kingdom

Forum of expats in the United Kingdom: Ask questions and participate to discussions concerning expatriation.

  Search the whole website

  User's Charter  -  Help  -  Terms and Rules  -  Privacy Policy

☛ EN Advice Buying Property in the UK
    

Discussion in 'United Kingdom' started by texkourgan, Jun 24, 2013.

  1. texkourgan

    texkourgan Addicted member
    Networker Editor

    Joined:
    Jan 29, 2008
    Messages:
    7,051
    Likes Received:
    17
    Gender:
    Female
    City:
    Berlin
    Living In:
    Germany
    Nationality:
    American (US)
    Languages:
    English, a little Deutsch
    Hello and welcome!

    Buying property abroad can be quite intimidating, even if you have lived in the UK as an expat for years! Some questions you may have…

    Can a foreigner buy property in the UK? If so, is it complicated? What is the process for purchasing property? Is there anything a foreign buyer should be especially aware of?

    Have you been through the process? What advice can you give to other expats in the UK looking to buy - either a home or an investment property? Do you have a check-list or tips you can provide?

    Thanks for sharing! :)
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
    #1 texkourgan, Jun 24, 2013
  2. james_harrison

    james_harrison Member

    Joined:
    Jul 16, 2013
    Messages:
    10
    Likes Received:
    0
    Gender:
    Male
    Living In:
    United Kingdom
    Nationality:
    British (GB)
    Languages:
    English
    Yes, UK law doesn't put any restrictions for foreign buyers. The bona fide businesses such as developers, traders and for investors holding buy to let properties, will instead pay a more general 7% rate introduced at the same time for properties over £2 million. Due to money laundering laws in the UK, the solicitor will need to confirm your identity and perform various checks in to the source of the purchase monies before you sign a contract with them to act for you in the purchase of your property.
     
    #2 james_harrison, Jul 23, 2013
  3. JSmith

    JSmith Member

    Joined:
    Apr 25, 2013
    Messages:
    6
    Likes Received:
    0
    Gender:
    Male
    Living In:
    United Kingdom
    Nationality:
    British (GB)
    Languages:
    English
    I am totally agree with james, UK government does not put any restrictions on buying property in UK. So buying in UK is not so much complicated at all. There are some formalities which you have to fulfill and after this you can buy property easily.
     
    #3 JSmith, Jul 26, 2013
(You must log in or sign up to post here.)
Loading...
Similar Threads Forum Date
✎ EN Buying a property in UK with desposits from France & Ita United Kingdom Feb 2, 2009
✎ EN Buying a house in UK United Kingdom Mar 14, 2017
✎ EN Buying a car in FRANCE & bringing it to ENGLAND United Kingdom Mar 22, 2007
✎ EN Buying a french car in the uk United Kingdom Oct 4, 2006
✎ EN Property Insurance United Kingdom Apr 28, 2023

Share This Page

Facebook Twitter LinkedIn Pinterest WhatsApp Addthis
Read the latest news in the expat world, info, trends, interviews, and much more: Browse our Expat Magazine