Looking To Invest In Property In The UK? Don’t Allow This Window Of Opportunity To Close
Was one of your resolutions at the beginning of the year to make more money? Have you made any progress with this resolution?
If there is a lack of progress, it may be due to the many unexpected twists and turns that this year brought with it. These curveballs have thrown us a bit off the course that we thought we would be on. However, it doesn’t have to be all bad. There is good news: you can still make the money you want by investing in real estate.
Did you know that the UK is considered to be one of the most popular real estate climates in the world? This is due in large part to the stability and security that exists there. This, coupled with recent policy changes in the UK, has fostered an upsurge in property investments in London, Manchester and Birmingham.
Prime Minister Boris Johnson has proposed changes to immigration laws for Chinese and these changes will see an influx of real estate investment from persons in Hong Kong.
The current conditions are great for investing in real estate. Those wishing to invest will benefit from:
- Lower interest rates
When applying for a mortgage, we often worry about the interest rates. So many things have gone wrong this year, but at the same time, there are many benefits being reaped. Interest rates are now lower than they have been in decades hence it is the perfect time to invest in real estate.
- Tax changes
Taxes are a big deal. We have to ensure that we pay all the required taxes or the consequences are not good. In the UK, foreign buyers are set to benefit from a 2% stamp duty surcharge. This is good news for investors.
- Favorable currency exchange rates
With the pound’s performance against the dollar being as exceptional as it is currently, it will be very profitable to invest in UK properties.
- Customized real estate plan
When looking to procure property in the UK the best thing to do is to look for property that fits your real estate needs. Investing in property in the UK now can benefit from a personalized plan that will get them the right investment for the best benefits.
- Comprehensive end-to-end solutions
You always want to ensure that you are receiving value for your money. From start to finish of the process, investors will be guided to ensure they are getting the best deal. Market comparisons and liquidity, rental yield indicators, and performance predictions will be investigated and investors will be informed of every detail.
Holders of British National Overseas (BNO) passports are allowed to stay in the UK for 12 months with the option to extend their stay and later apply for full citizenship. This presents a great opportunity for those individuals to take advantage of the lucrative real estate opportunities now available in the UK.
