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.
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.
Hong Kong properties are among the most expensive in the world. While a 188-square-feet parking space costs HK$5.18M (£518,000 as of 20 June 2017) here, with the same amount of money, you could buy three or four reasonable size city centre properties in the United Kingdom.
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.