Serious about buying ?
Let us help source the ideal real estate for you anywhere in the world.FIND OUT MORE
Property for sale UK - Houses For Sale United Kingdom Find thousands of properties for sale from all over the UK, listed by some of the best UK estate agents and owners selling directly without an agent. Search thousands of exclusive listings of homes for sale by owner including cheap property in London, Birmingham, Manchester, Newcastle and Leeds. Find homes for sale in Northern Ireland including cheap property in Belfast. Scotish homes offer great value from large Georgian houses in Edinburgh to flats in Glasgow. Online agents and local agency properties listed from all over Wales including Cardiff Swansea and rural Welsh homes. For Sale By Owner UK Homesgofast.com has been online since 2002 during that time we have put tens of thousands of homeowners selling a property privately together with buyers from all over the world and the UK. By advertising a property with us owners have a unique opportunity to access a global audience widening there marketing. Ove...
Find thousands of properties for sale from all over the UK, listed by some of the best UK estate agents and owners selling directly without an agent. Search thousands of exclusive listings of homes for sale by owner including cheap property in London, Birmingham, Manchester, Newcastle and Leeds. Find homes for sale in Northern Ireland including cheap property in Belfast. Scotish homes offer great value from large Georgian houses in Edinburgh to flats in Glasgow. Online agents and local agency properties listed from all over Wales including Cardiff Swansea and rural Welsh homes.
Homesgofast.com has been online since 2002 during that time we have put tens of thousands of homeowners selling a property privately together with buyers from all over the world and the UK. By advertising a property with us owners have a unique opportunity to access a global audience widening there marketing. Overseas buyers are attracted to UK property for numerous reasons, including investment, relocation and immigration. Luxury homes attrcat wealthey international buyers who see the UK housing market as a safe place to buy a home.
Our visitors come from all over the world many with the intention of returning to the UK, finding cheap property, low-cost housing, holiday homes, investment properties and second homes abroad.
Whether you are selling a home privately or high estate agency Homesgofast.com can help find buyers for luxury homes in England Wales and Scotland. Advertise your luxury property on our network of 100+ global property websites and you can easily present your luxury home to international buyers.
Population in Major Urban Areas
UK Recent Economic History
The UK, a leading trading power and financial centre, is the second largest economy in Europe after Germany. Over the past two decades, the government has greatly reduced public ownership and contained the growth of social welfare programs. Agriculture is intensive, highly mechanized, and efficient by European standards, producing about 60% of food needs with less than 2% of the labour force. The UK has large coal, natural gas, and oil resources, but its oil and natural gas reserves are declining and the UK became a net importer of energy in 2005. Services, particularly banking, insurance, and business services, account by far for the largest proportion of GDP while industry continues to decline in importance. After emerging from recession in 1992, Britain's economy enjoyed the longest period of expansion on record during which time growth outpaced most of Western Europe. In 2008, however, the global financial crisis hit the economy particularly hard, due to the importance of its financial sector. Sharply declining home prices, high consumer debt, and the global economic slowdown compounded Britain's economic problems, pushing the economy into recession in the latter half of 2008
Homesgofast.com handle thousands of enquiries each year from overseas buyer searching for the ideal location to invest in British property market. Seen as a safe haven for investment the UK offers many locations that are tipped for growth.
House prices in the UK tend to be in London with central London maintaining an almost microscopic property market with sky-high property prices driven by lack of supply and demand from overseas buyers. To buy a bargain and maximise rental yields, savvy investors are increasingly looking north. The first fruits of the Northern Powerhouse are finally being realised courtesy of infrastructure improvements and funding for elected mayors, while HS2 could magnify the appeal of cities from the Mersey to the Aire. A recent report by KPMG suggests Yorkshire, the North West and the North East will see some of the UK’s highest average house price growth during the next decade.
A good article about the best place to buy property in the UK can be found at Express.co.uk
How to get a mortgage, advice on dealing with UK estate agents and some tips on making sure you pay the best price
Some of the most common questions we receive about owning a property in the UK from international buyers include
How to purchase a property in the UK
The first thing expats need to do is to set a budget and, if a mortgage is needed, make the necessary arrangements.
Expats will need to secure the services of a conveyance solicitor.
Once a buyer has decided on a property and made a verbal offer to the vendor’s agent that has been accepted, the agent will submit the offer to both solicitors via the Memorandum of Sale (a buyer could do this themselves if the seller allows it; however, mortgage providers may require both parties to be professionally represented).
The seller’s solicitor will contact the buyer's solicitor and provide them with a copy of the seller’s title. The buyer's solicitor will then raise enquiries on the title and all other matters that he or she considers relevant. The solicitor will also request a list of fixtures and fittings so that the buyer can be told what is to be included in the sale. The solicitor will also put in hand all the usual local searches.
Mortgage offers tend to be slower (most mortgages come through within about five weeks of an application being submitted).
The above work is part of the pre-exchange of contracts, that is, neither the seller nor the buyer is committed in any way and either party can still withdraw from the transaction. More at expatarrivals.com
Mortgages for foreigners buying in the UK
Foreigners, resident or not, can legally buy property in the UK. As an expat, you can also apply for a mortgage, although individual banks will set their own terms. You might find that you're offered slightly less favourable conditions, or higher interest rates, as a foreign investor.If you are an EU national, you should have a traceable credit history and you will potentially be able to get a regular UK residential mortgage, without any extra costs.
There are three requirements for this:
Additionally, of course, you will have to meet the same credit rating standards as UK borrowers, but you shouldn’t have any problems getting a competitive UK mortgage – or a buy-to-let mortgage either.
If you are not an EU national then you will have no traceable credit history within the UK, which causes complications when applying for a mortgage.
The solve this, the basic requirements you will have to meet are:
Permanent residence is considered preferable to only having a work permit, but there are lenders who will provide a mortgage on the basis of a work permit only.
The requirement to have lived in the UK for two years is due to the necessity of building up a UK credit history before lenders can approve your mortgage application – read on to learn about one possible way around this problem. More advice