HSBC BUY-TO-LET GUIDE TO THE UK MARKET
2016-03-27
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The differences in purchasing a UK property as an individual or as a company, in the context of taxes.
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.
Skipton Building Society released recently a list revealing the top 10 most popular postcodes for first-time buyers in 2019. According to the analysis of internal data relating to thousands of Lifetime ISA customers, found that Bristol, followed by Birmingham, Manchester, Leeds, and Reading were the top five most popular places for first-time buyers.
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.
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.