The UK has long been one of the most searched locations for property investments, attracting investors worldwide with variety of properties from Buy To – Let, Student Property, Airport Parking, Hotel and Land investments.
Upon the Brexit hit, the pound fell to its lowest level against the US dollar in more than 30 years, however, UK having an enormous demand for properties that outweighs supply, the market is still active for investors looking to purchase for prime London properties.
- Stamp Duty Land Tax: During April 2016, the UK government released a 3% stamp duty land tax on investment opportunities.
- Mortgage interest relief: UK property experts forecast, from April 2017, Buy To – Let investors are forbidden to claim mortgage interest relief on their investments.
- Declining interest rates: The Bank of England base rate has remained at a 0.5% since March 2009 and is anticipated to depreciate in the upcoming weeks to 0.25%. However, it is an advantage for those looking forward to secure finance for their next property investment.
Herald Land will be showcasing properties and land investment opportunities on the last day (25 September) of the Luxury Property Show held in Guangzhou, China.
Take advantage of the weekend and visit our stand and get solutions to all your queries from our expert advisers and invest in the finest properties we offer in the UK.