So, you’ve worked out what you want from your ideal home or investment property – and you’ve maybe decided on the perfect area, too. But now it’s time to talk money: what are the buying costs of a UK house and ongoing costs to take into consideration? Once you’ve got a firmer idea of your budget, your purchase will be much smoother and hassle-free.
If you’re living abroad but are considering purchasing a house in the UK because of Brexit, either to move back or as an investment, then you might be concerned that you’re not up to date with the British property market. Well, the good news is that everything’s in your favour. Keep reading to find out about market trends, the process of buying a property and key points if you’re moving back.
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?