Why Invest?

The United Kingdom is by far the biggest recipient of inward investment in the European Union receiving around 40% of all the inward investment funds coming into the 15 EU countries. Globally, it has been the second biggest recipient of inward investment since the 1980s- second in the world only to the United States.

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Market Report

We forecast that the UK government has planned to construct some 200,000 homes to be built by 2016, centered on the Themes Gate Way to meet the needs of growing UK population. These government investments are beneficial for North and Midland people to regenerate more deprived areas. The forecast shows that the total house building market displays a whole increase of 12% between 2006 and 2010. There is an expectation of continuous rise in house prices along with the increasing prices of material and energy. 

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Economic Overview

The British were the first in the world to enter the Industrial Revolution, and, like most industrialising countries at the time, initially concentrated on heavy industries such as shipbuilding, coal mining, steel production, and textiles. The empire created an overseas market for British products, allowing the United Kingdom to dominate international trade in the 19th century.

The service sector of the United Kingdom is dominated by financial services, especially in banking and insurance. London is one of the world's largest financial centres with the London Stock Exchange, the London International Financial Futures and Options Exchange, and the Lloyd's of London insurance market all based in the city.

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Visa/Residency Issues

Passport required. Visa not required for stay of up to 6 months.

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Getting to UK

The UK is at the heart of the world's aviation industry, and London Heathrow Airport is the world's largest international airport. Situated 20 miles west of London, Heathrow offers a large choice of international destinations, with direct flights to most countries in the world.

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Fees & Taxes

• If you let a property, letting agents may charge anything from 10% to 17.5% of the rental income, depending on whether they simply find the tenants or offer the full management service.

• Once you have made an offer to the agency and contacted a lender, you will have to find a solicitor.

• You will have to pay several fees: stamp duty (1% of the value of the property £250K).

United Kingdom

 

Basic Information

UK Overview

The United Kingdom of Great Britain and Northern is a country and sovereign state that lies to the northwest of Continental Europe with the Republic of Ireland to the west. The United Kingdom is a political union made up of four constituent countries: England, Scotland, Wales and Northern Ireland. The United Kingdom also has fourteen overseas territories, including Bermuda, Gibraltar, the Pitcairn Island group, British Indian Ocean Territory, the Falkland Islands, and British Antarctic Territory among others. The dependencies of the Channel Islands and the Isle of Man, formally posessions of the Crown, form a federacy with the United Kingdom collectively known as the British Islands.

Average Property Prices

Coming soon....

Buying Process

These are main stages you will go through when buying a home.

• Work Out How Much You Can Afford
• Get a Mortgage Agreement in Principle
• Choose Your Home
• Hire a Solicitor
• Make an Offer
• Have a Survey and Valuation Done
• Do Any Necessary Legal Work
• Arrange for Life Assurance
• Finalise Your Mortgage
• Exchange Contracts
• Organise Your Move
• Finalise Your Contract Details
• Move In

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