• Home
  • Articles
  • Restrictions for foreign buyers

Contact2
Letting properties
Advertise on Rightmove, Kingroyal and London Evening Standard
Image is not available
Who1

We are a ARLA-accredited online letting agent allowing landlords to let out their properties securely over the internet at a much cheaper price than any other agent.

Who we are
Acorn3
Tenant Referencing
Image is not available
Energy Performance Certificate
Image is not available
Floor Plans
Image is not available
Professional photography
Image is not available
What we do?
Who we are?
Slider


Restrictions for foreign buyers

Plans being worked on by the Treasury will make it more difficult for foreign buyers to purchase British property. It is part of a drive to get younger Britons on the housing ladder.

A spokesman for Whitehall said:

"There's an issue in London with a large proportion of new-build flats being purchased off plan, particularly by Far Eastern buyers - from China, Hong Kong, Singapore, Malaysia. Such properties are bought when they are still under construction, meaning first-time buyers don't get a look in. That is not just in central London, but in the suburbs and other cities such as Manchester."

 

Source: 

https://www.arla.co.uk/
Property Professional Magazine Issue 25 - November/December 2017


Customer Service

Newsletter


I agree to Terms of Use

Sign up

KingRoyal Analytics