We Also Deal with Dubai Property

Our sister company in the Group, “Openshore Property” helps buyers from all over the world find good low cost investment property in Dubai. Property prices in Dubai are now rising fast and investors may get better capital growth in Dubai over the next 3 years. We offer a secure purchase process with full property management and rental guarantees – A complete solution for investors.

 
 

Award Winning Agency

We are fully licenced members of the National Association of Estate Agents. Our staff have passed the relevant examinations set by the National Federation of Property Professionals. One of our staff was officially recognised by NFoPP as achieving the highest marks amongst all UK Estate Agents in 2012.

 

Winner & Highest Achiever in UK - "UK Residential Property"

 
 

Low cost property prices are now rising in the UK.

Prices for low cost properties – traditionally the best for rental yields fell sharply from 2007 to 2009. These have been stable and are now rising in line with economic recovery. Some forecasts suggest a rapid catch-up rise followed by more steady growth over next 6 years.

 

Sub £100,000 properties (away from London) are the best for investment as they not only deliver the best rental but are now also expected to grow the most in terms of capital value.

 
 

Over 15,000 Luxury UK Homes over £750K in 3 Main Regions

 
 

Top Questions

What is the process for Buying Property in the UK including property in London?

 

What are the additional costs involved in UK Property Purchase?

 

What Government Taxes may be payable in relation to all aspects of property in the UK by Overseas Buyers?

 

Who can be classified as UK Non-Resident for Tax Purposes?

 

What are the ADVANTAGES of using an offshore company to purchase UK property?

 
 

Use our UK Property Finding Service for complete Peace of Mind

This service from our Luxury Property Division allows you to purchase any UK property from any UK Estate Agent or any Seller with our help. We specialize in detached properties over £750,000 but can help you find any type of UK property.

 

We are not like Estate Agents that act for the seller (vendor). We act for the buyer and our sole purpose is to get the best possible UK property for the buyer at the lowest possible price. For this service we get paid by the Buyer.

 

The end result is that you end up getting a more suitable UK property for a lower price with complete Peace of Mind.

 

 
 

UK Property Prices in many areas are now Rock Bottom

Following the financial crisis of 2008 and downturn over the past 5 years, UK property prices fell by over 30% in many areas. For the past 2 years prices in most areas have become stable and now are just beginning to increase again. Thus now is the best time to buy a suitable property in the UK. See the price trend chart showing average prices on luxury detached properties in the UK over the past 12 years.

 
 

The UK is one of the World’s most secure and regulated places to buy property.

See our UK property Buying Process section that covers the UK property buying procedure and why the UK is a very secure place to purchase property for own use or for investment.

 
 

Our customers are from all over the World

We provide expert advice, direct from our offices in the UK, to customers throughout the World including USA, Europe, Australia, Middle East, China, Africa, Canada, India and South Asia. Our customers have differing requirements relating to Property in the UK. Please click the brochure link or complete the Contact Us page for further information.

 
 

We follow the TSI Approved Code

The Trading Standards Institute has approved the code of practice we follow, which is run by The Property Ombudsman. Where a business displays this logo, customers can have the confidence of knowing that they will be dealing with a company that has undertaken to treat them fairly if problems arise, and deliver customer service standards that go beyond minimum legal requirements.

 

 
 

Find UK are fully Licenced Members of the NAEA

Our staff are fully trained and hold as a minimum the Award in Residential Property Sales from NFOPP - The National Federation of Property Professionals.

 

We are a fully licensed member of the NAEA - National Association of Estate Agents. Our Licence Number is M0189573.

 

Click here for more about the NAEA

 
 

Find UK Property are one of the UK’s Leading Search Specialists for Overseas Buyers

We are part of a large UK group of companies specializing in IT and Property Management. The Head Office is located on the 26 acre business park (Time Technology Park).

 

 
 

UK Property Survey

Please just take a few minutes to complete this anonymous survey relating to the UK Luxury Property Market. It’s just simple questions on what you think about UK Property Market and why you were interested in it.

 

You will find that going through the survey questions will help you crystallize your own views about UK Property Purchase.

 

Just click the link and answer the simple questions.

UK Property Market Survey Link:

 
 
Google
 
Find UK Property - UK Property Search Agents for Overseas Buyers
UK Property Buying Process

The buying process for purchase of investment property is similar to that of purchasing 'own use' property from third party sellers, but is simpler and can be completed in a shorter timescale

Buying Investment Property

The process for the “Best Buy” properties is simpler as there are no third parties involved and the rental and management of the property does not change as it continues to be managed and rented out by us. There is no mortgage lender involved as overseas non UK residents do not qualify for an investment buy-to-let mortgage upfront. The prices are fixed (in-line with the market and rental yield) and a prior reservation agreement provides security and certainty for us and you in the purchase process. Thus the process is quicker and the buyer starts getting guaranteed rent 1 month after full payment.

Here are the steps involved:-

1. Discuss your requirements

Give us a call to discuss your requirement. Is investment property in the UK right for you or not? We aim to provide you with good honest advice and will tell you if such a property will not meet your needs

2. Select the Investment Property

This will depend on your budget. If your budget is low, then select the standard 2-bed terraced property.

Please note that within each type of property there are many almost identical units available within a narrow price range depending on rental yield. The slightly more expensive properties have slightly more rental.

If your budget is much larger, you may wish to purchase multiple properties. In such a case it is best to purchase one property first, and go through the purchase process to completion and then purchase additional units. You should be able to provisionally select an investment property on the basis of information on this site and then fine tune and finalize your selection after discussions and property viewing.

3. Provide Ownership and ID information

First you need to decide if property to be purchased is by a single owner or multiple owners. If multiple owners (e.g. husband and wife) you will also need to consider the type of joint ownership. Most investors go for single person ownership as this keeps things simple.

Your ID information will be required BEFORE we can start dealing with you or showing you any property or provide official quotes or draft agreements. This is regulatory requirement in the UK and some overseas buyers do not appreciate this. You can scan and email this information to us. We are required by Law to keep all such information confidential. The ID information required will be:-

  • Passport copy (photo page)
  • Address ID e.g. Driving Licence, ID Card or Utility Bill
 

We will also need to know the source of funding – normally this is from ‘savings’ or ‘business profits’. Prior to exchange of contracts your solicitor will also need to see these documents or if you are not present in UK, we will need attested copies prior to the exchange of contracts.

4. Get Information Pack

Once we have your ID information, we can provide more specific details and a draft Reservation Agreement and clearly layout how the purchase process will proceed in your particular case.

5. Visit to UK

Most investors will visit the UK – either prior to purchase or after purchase. This will allow us to meet you at our offices and you can view the properties. We can also get your documents attested by a UK solicitor as identification is required for exchange of contract, purchase completion and registration under your name at UK Land Registry. We also get documents done to represent you for other steps in the purchase process and property management. If you are not yet visiting the UK, you can still buy but we will need to get your documents (passport, address ID & ID-1 Form) attested by a lawyer in your country to the satisfaction of the UK Land Registry. This can be done easily and we will provide full details.

6. Agree to proceed with a purchase

Once you agree to purchase, you will need to sign the Reservation Agreement and then make a payment of 10% plus purchase costs into the Client Account. This is an important step as the Reservation Agreement outlines the steps we will take in conjunction with your solicitor to ensure Exchange of Contracts, Completion of purchase and Registration of the property under your name at the UK Land Registry. This agreement will also fix the price, specify the agreed guaranteed rent and payment terms.

7. Exchange of Contracts & Completion

We normally act on your behalf to ensure all the steps are taken to legal exchange of contracts and complete the property purchase after your full payment. Your rental starts to be credited to you 1 month after your final (90%) payment even if completion is delayed.

8. Registration at Land Registry

Following completion, the property is registered under your name at the UK Land Registry by your solicitor and your solicitor will provide evidence for this after registration.

9. Management of Property

We and our partner companies will ensure your property remains rented and we will provide updates and statements to you every 3 months. Your net rent will be paid into an account specified by you. The Guaranteed Rent option means that you get the rent even if your property should become vacant or even if your tenant does not pay rent. You can select to choose either the Standard Management option (rent at around 8% of property price) OR the Guaranteed Rent option (rent at 7% of property price) at the beginning of each year and can fix the Guaranteed Rent for 2 years on property purchase if you wish. Guaranteed Rent provides additional re-assurance to investors and is popular amongst overseas investors as it gives them certainty of income. You can continue with the Guaranteed Rent option even after the first 2 years if you wish.

10. Resale in the Future

If you decide to re-sell in the future, we can help you find a buyer. However the sales process is more strict when it comes to identification for sale - your solicitor will need to identify you personally and you will need to attend the UK for a sale to be completed. Payment from the seller will normally be received by your solicitor from seller’s solicitor and paid directly by your solicitor into an account owned by you.

Buying Own Use Property

Buying own use property from third parties follows a more traditional process that can stretch to an average time period of about 3 to 4 months. The third party may have to purchase a house before completion can occur. There is also more uncertainty regarding completion as there is not any pre-agreement equivalent of the reservation agreement. Theoretically the buyer can pull out at any time before completion of contracts but this does not happen often.

If you are resident in the UK, a mortgage lender may also be involved and would result in additional steps in the purchase process. As prices of such property is likely to be higher, UK stamp duty charge may also be payable.

Please note that unlike our service for investment properties, a buyer’s fee is payable by the buyer to us for this service and part of this may need to be paid upfront as a registration fee. No buyer’s fee is payable for the best buy investment properties.