HSBC BUY-TO-LET GUIDE TO THE UK MARKET
2016-03-27
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The unstable pound has contrived to aid the property market after Brexit, as overseas investors have made an ever-increasing number of overtures and investments in British property.
The average rent has now risen above £800 per month across England and Wales.
New research saw average rental figures in July hit £804, up from £789 in the previous month - an increase of 1.9%. This is the fastest month-on-month rise since records began in 2009.
Millions of leaseholders will be given a new right to extend their lease by 990 years. Changes could save households from thousands to tens of thousands of pounds. Elderly also protected by reducing ground rents to zero for all new retirement properties.
● Billionaire Warren Buffett dismisses Brexit fears
● He said Britain's departure from EU had no bearing on his willingness to invest
● He endorses Britain by welcoming chance to invest in 'trusted' system
● He said Britain's departure from EU had no bearing on his willingness to invest
● He endorses Britain by welcoming chance to invest in 'trusted' system
Those with BN(O) status and their eligible family members will be able to come to the UK to live, study and work. After five years in the UK, they will be able to apply for settlement, followed by British citizenship after a further 12 months.