HSBC BUY-TO-LET GUIDE TO THE UK MARKET
2016-03-27
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The British government will allow one of the parents to stay and work in Hong Kong while his or her spouse could bring their children to study in the United Kingdom, such an arrangement was dubbed the “Astronaut Plan” in Hong Kong.
Higher rental values were recorded in almost every region of the UK, rose by an average of 2.1% in September. The average monthly rental of new tenancy in September was £927 compared to £908 in the same month of last year. Compounded by the fact, the demand for rental properties will remain high.
Demand for income-producing residential assets in the UK has risen sharply over the past few years on the back of a burgeoning private rental sector and a desire among investors to diversify into new asset classes offering stable income streams.
Migrants coming to the UK will need to have a job paying at least £25,600, qualifications and speak English under a new points-based post-Brexit immigration system. Low-skilled immigration will be made impossible. EU migrants' chances of getting a work visa will be the same as from elsewhere.
Unveiling its policy plans as the Conservative Party conference began yesterday, the government said it would begin consultations on Sunday to increase the stamp duty on individuals and companies not paying tax in the UK.