HSBC BUY-TO-LET GUIDE TO THE UK MARKET
2016-03-27
Related Articles
When Investing in real estate in the UK, many will question which UK cities are the best to invest in and what taxes are involved? In an interview, our director, Charles Wong, pointed out that the rate of return is usually inversely proportional to the "centre" of the region, meaning that the closer to the city centre, the lower the rate of return.
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 15 December 2021, the MPC voted by a majority of 8-1 to increase Bank Rate by 0.15 percentage points, to 0.25%.
Chancellor Rishi Sunak has extended the stamp duty holiday in the Budget. Anyone buying a home worth up to £500,000 before the end of June will now not pay the tax, and could save up to £15,000, with a reduced discount available until the end of September.
Hong Kong Bill 2019-21 passed First Reading through the House of Commons of UK, it reveals that Hong Kong BN(O) passport holders might be granted the right of abode and even more if the bill passes eventually.
The Competition and Markets Authority has confirmed that domestic consumers have been overcharged for electricity usage, and it brings a huge criticism of the ‘big six’ suppliers who have been controlling the market over many years. To further solve this problem and the failing market, Nottingham City Council and Bristol City Council took a step forward and established fully licensed ESCOs (Energy Services Companies), which can control the energy supply and help to boost the economy.