HSBC BUY-TO-LET GUIDE TO THE UK MARKET
2016-03-27
Related Articles
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.
Birmingham is a city with a population of 1.2 million approximately and is known as the second city of the United Kingdom Located in the West Midlands region of England, Birmingham is considered to be the social, cultural, financial and commercial centre of the Midlands, and thus becomes a popular investment and moving destination.
Tourists from Hong Kong and mainland China have started a trend. As London becomes too costly, Manchester – beneficiary of “northshoring” – has emerged as an attractive destination.
"The Bank of England has raised interest rates from 0.5% to 0.75% after much speculation. Expectations of a strengthening economy, solid employment levels, more consumer spending and the potential for wages to rise have all played a part in the decision." (BBC News)
Hong Kong residents are buying more houses and apartments to lease out for income in Britain, and have became the fifth largest foreign investors in central London as of last August, driving up prices in some popular districts outside the UK capital.