The UK laws are very loyal to purchase of real estate by citizens of other countries. Today you can become the owner of a house or apartment in the UK even without a personal visit to this country – with the help of lawyers and realtors offering a turn-key transaction.
There are two types of ownership of the UK real estate:
The freehold type of ownership provides the right of ownership of not only a building but also outbuildings and land, while the Leasehold rights apply only to the real estate building (other objects are leased for a period of 1 year to 999 years).
Prices for real estate in the UK depend on several factors:
Anyway, there’s always plenty to choose from. The offer never falls behind demand.
Buying real estate in the UK with the help of intermediaries is transparent and, most importantly, simple and effective. Selection of the desired object with taking into account the available budget is better to be entrusted to licensed law firms with experience in the UK real estate market. Any operation with real estate supposes provisions regulated by the legislation, which guarantee legal security of the parties.
The process of purchasing the real estate from the moment of its selection till getting the precious keys will take no more than two months (if there are no additional circumstances).
Before signing the contract, a lawyer should verify your identity and legality of the funds for purchasing the real estate. You can get the list of required documents for preparation of the transaction from the intermediaries you entrust the execution of the purchase deed to. The competence of professionals involved in the selection of real estate and transaction support determine the ultimate success of the whole process.
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Prime Uk Property Limited, registered in England and Wales. Company number 9606306.Registered office 27 Hill Rise, Woodhouse Eaves, Loughborough, LE12 8QX.
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