With Brexit looming and still no sign of a finished deal, luxury property developers are feeling the pinch. The upper end of the property market has long priced out normal buyers, with high-class units selling for eye-wateringly high sums, particularly in London. But, with the number of unsold off-plan homes under construction in the capital sitting at record levels, could there be bargains on the horizon for savvy buyers?
Letting out a UK rental property can be a sound investment. According to the Royal Institution of Chartered Surveyors, rents could increase 15% in the next five years. So, whether you’re renting out your old home while moving abroad, or you’re already overseas but want to buy again back home as an investment, this could be a great income source for you. However, there have been a number of changes to rental rules recently – and the rules aren’t the same nationwide. Here are the main rental rules in the UK to be aware of.
As Poldark‘s fourth series comes to an end, we’ve had another few weeks of our small screens being graced by the stunning scenery of Cornwall. This largely rural region enjoys some of the sunniest weather in the UK, but with relatively lower prices than the Southeast. Here are some of the most popular places for buying a house in Cornwall.
International buyers have flocked to the UK property market in recent years. According to figures compiled by estate agents Savills, London has been the number one destination for cross-border investors in residential property over the past decade. And this trend shows no signs of letting up, with overseas investors snapping up 3,600 of London’s 28,000 newly built homes between 2014 and 2016.
Where do I start? When you come to do the research prior to buying a home in the UK, a better question might be, “Where do I stop?” There is so much information out there! This includes dozens of house price indexes, thousands of websites and hundreds of forums and blogs. For detailed information, a good start will be Rightmove, the biggest property portal in the UK. This is also the place to start looking for property. Virtually every estate agency in the country will put its properties on Rightmove – it’s the first question vendors ask. The website has plenty of tools to help you assess the