HSBC BUY-TO-LET GUIDE TO THE UK MARKET
2016-03-27
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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.
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.
According to a recent report, around 5 million UK households, or 21% of the total, are in private rented accommodation. This is set to rise to 5.79 million (or 24%) over the next five years.
Amid the uncertainty of Brexit and increasing tax burdens for landlords, 2018 may be the year for rental investors to branch out beyond the obvious in the North of England.
UK ANNOUNCES NEW SPECIAL VISA FOR HONG KONG'S BN(O) HOLDERS, OPEN FOR APPLICATION ON JANUARY 31, 202
Hong Kong's British National (Overseas) passport holders and their immediate dependants will have the right to apply for a new special UK visa from January 31, 2021. A five-year visa will cost £250 per person.