There has been a substantial increase in the number of buyers from the United States in London and they spending an average £7.3 million, a new analysis has found.
A proposed increase in stamp duty for non-UK residents buying residential property in the UK will have an impact beyond its intended target of foreign investors and may affect couples, according to tax experts.
Anti-corruption and anti-money laundering campaigner, Global Witness, reveals the figure as it continues to lobby for a register of real owners of UK property.
Will overseas investment into UK property continue at the same rate as recent years as we career towards the Brexit deadline? Our REalyst analyses the future of overseas investment into UK properties and weighs up the chances.
A new property tax for people buying property in parts of the UK who are not resident is being considered as part of the Government’s effort to help control the rise of house prices, it has been announced.
Decline has been particularly fast during 2018 and drops have been harshest in London, latest figures from Hamptons International show.
Almost half of the flats at a high-profile Liverpool scheme have been bought by foreign investors.
Kensington & Chelsea says it wants greater leverage to persuade rich owners to rent out homes that have stood empty for more than two years.
Prime minister will attempt to take control of domestic policy agenda at Tory conference by proposing extra stamp duty
The U.K.’s struggle to secure a favourable Brexit deal may be giving Prime Minister Theresa May a headache, but it’s making London’s battered buy-to-let market attractive overseas again.
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