• Acquiring real estate in London: the types & numbers

    UK Real estate market

    london-estateIn the UK, a Victorian house is any house built during the time of Queen Victoria's reign in any style of Victorian architecture. All these houses, standing out with slate roofs and protruding windows, Victorian houses make up about 70% of residential real estate in London. Municipal homes represent a form of public housing in the UK. Municipal residential houses were built and managed by local authorities to provide housing for the local population. In 2005, approximately 20% of such housing is owned by local authorities and housing associations. Construction of municipal residential buildings has decreased dramatically with the arrival of the Conservatives who spoke in support of homeownership. Importantly, council houses built in the 20-40-ies of XX century are quite suitable for comfortable living, especially if you are considering economy class options, while the houses of a later period are oftentimes smaller and less convenient. Municipal houses account for 20% of London's residential property. (more…)

  • Can Foreigners Buy Property In The UK?

    Investment Info

    foreign investmentsThousands of non-UK residents purchase property in London, England and Scotland - the UK legislation does not put any restrictions on foreign ownership of real estate. Moreover, foreign buyers can count on a mortgage loan to purchase real estate with a very attractive interest rate and have a number of tax advantages to their names almost equally to the ones British and local tax residents have. (more…)

  • Understanding the nature of real estate investment flows: CIS countries

    Investment Info

    real estate investment flowsOver the past 15-years old there is a trend of significant investments in real estate of Great Britain capital from CIS investors. Since the 90s investors from Russia and CIS took the 5th place among the total mass of real estate buyers in London. So why real estate prices in London attract such interest among CIS residents? What are the payback prospects and what projections are expected in real estate market in the coming years? (more…)

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