"We were so happy with the first property that we subsequently purchased a second"
Click for full Testimonials
 

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.

 
"The whole process of property purchase was made simple … with no hidden costs"
Click for full Testimonials
 

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"

 
"I enjoyed the visit to their offices and it was indeed just like the video that I had seen"
Click for full Testimonials
 

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.

 
"We wanted a hands off investment knowing that everything was being taken care of."
Click for full Testimonials
 

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

 
"I have recommended Find UK Property to a number of friends - two of whom have purchased"
Click for full Testimonials
 

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?

 
"The whole procedure of purchasing the property was simple, straight forward, with no hidden costs"
Click for full Testimonials
 

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.

 

 
"Last year I purchased another property and now I will be buying my third property"
Click for full Testimonials
 

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.

 
"I am very happy and wish I had bought properties from Find UK Property many years ago."
Click for full Testimonials
 

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.

 
"I would recommend Find UK Property because they do exactly what they say in their marketing"
Click for full Testimonials
 

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.

 
"2 years later, I purchased another property and am hoping to buy one more next year."
Click for full Testimonials
 

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.

 

 
"I had no concerns as company was recommended by my friend, a longstanding happy customer"
Click for full Testimonials
 

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

 
"I would recommend Find UK Property without reservation, & would consider buying another property"
Click for full Testimonials
 

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).

 

 
"I was very happy with the purchase. All the staff have been very helpful and I have not had any issues."
Click for full Testimonials
 

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:

 
"The purchase has gone very smoothly and the returns are as stated. We are happy."
Click for full Testimonials
 
Google

 
"What I liked about the whole experience was that it was all done with such ease, with no surprises."
Click for full Testimonials
UK Investment Property

We Provide Low Cost Investment Property with Full Management and Guaranteed Rent for Overseas Buyers

The UK is one of the world's best areas for secure property investment. Prices on UK property are now low due to falls from 2007 to 2009 and rental returns are good with up to 8% rent on low cost properties. Now prices are expected to rise in line with economic recovery in the UK and prices on lower cost properties could double within 5 years.

Find UK Property provides a complete service to overseas property investors in the UK. Our view is that lower cost terraced houses of £50,000 to £80,000 provide the best value for investment and will produce the best capital and rental growth over the long term.

Best Buy Investment Properties

These Best Buy investment properties listed below are already rented out and managed by us. They are low cost, give high rental yields, come with 2 years guaranteed rent, are expected to grow well in value over the next few years and are easy to resell. We continually acquire, rent out, sell and subsequently manage such property. These are the most popular purchases made by overseas buyers.

Location

Traditionally there have always been TWO popular investment hotspots - London and the North West of England (Manchester, Liverpool Leeds region). Now London is very expensive and rental yields are much lower. Thus the best area is the North West of England as shown on the map below.

Thus these Best Buy investment properties are not in London (property in London is already very expensive with low rental yields of about 4% and low future capital growth). These properties are located in high rental demand residential areas of Lancashire Towns about 40 minutes north of Manchester Airport. Here is an aerial view of a typical town in this region.

A typical Lancashire town consists of terraced properties near the town centre and more expensive semi-detached and detached properties in the suburbs. Rental demand is highest for the terraced low cost properties. Below is an aerial view of a typical town area near the centre with terraced properties.

The terraced properties that lie near to shops and main roads and are walking distance from the town centre or have good bus routes are the best for investment and we always acquire these as we have to provide guaranteed rent.

A typical terrace consist of rows of 2-bed or 3-bed houses like the picture below. In the past year alone over 250 such properties have been sold to investors. If you are not sure which UK property to buy - then buy one of these. The most popular types (our Best Buy offers) are listed below on this page

Type of Property - Terraced House

These are the standard commodity properties in this part of the UK and are built of real stone or brick, with slate roofs. Almost 80% of the population live in these type of properties. About 75% are owner occupiers and about 25% are in the investment/rental market. All properties are fully fitted with kitchens, bathrooms, carpets, central heating etc. but do not include loose furniture. It is standard to rent out unfurnished as this has less liabilities for the owner.

Rental Yield

We offer the Guaranteed Rent System as standard. For these properties the Guaranteed Rent is 7% of property contract price per year. Actual rent is higher at around 8% of property price but most clients select Guaranteed Rent as this provides certainty of income. Under this system we also cover the costs of repairs and ongoing maintenance of the properties. After all deductions including deductions of management fee (10% of rent) the guaranteed net rent going into your bank account will be about 6.2% of property price/year.

Full Property Management with Repairs

Unlike other property agents, our Full Property Management under the Guaranteed Rent System includes costs of repairs and plumbing issues which are thus not charged to the owner. Our management fee is 10% of the Guaranteed Rent.

Continued Ongoing Management

Management and Guaranteed Rent is initially for a minimum period of 2 years. Unless otherwise agreed the property management will continue under the Guaranteed Rent terms. After the minimum 2-year period, it can be terminated by the Buyer with 6 months' notice to us. We have not changed our Guaranteed Rent rate from 7% for past 8 years. There are no plans to change this, although we do reserve the right to change it. Owners are free to use another agent after the minimum 2 years if they so wish (with 6 months' notice). However, we provide a very good ongoing service and clients continue to use our services.

Cost Free Repairs

Properties are renovated to a standard to ensure that no significant repairs will be likely in the next 5 years. We guarantee the costs of any repairs in the first 2 years in the contract (we do not expect any, but this gives our customers peace of mind when buying the property).

Category 1 - Full Ownership

All houses are category 1 ownership. This means freehold or 999 years (almost 1,000 years leasehold). There is no difference in value between these two. This is the best form of ownership in the UK. (We do not sell category 2 properties that are 99 years or 125 years leasehold). Most of the houses in North West of UK are leasehold for 999 years with nominal (less than £1 per year) ground rent.

Purchase Costs & Stamp Duty

The purchase costs are negotiated and fixed at £795 or £995 depending on Property Size. and include solicitor costs, local searches, 12 month's insurance and land registry fees.

The Government has introduced 3% transfer fee on 2nd property purchases after 31st March 2016. The buyer is responsible for paying such a fee. If you do not own another residential property (anywhere in the world) you can gain exception simply by signing a form that you do not own another property. The amount of fee on this type of property would be 3% of the price and will thus be £1,800 for an average £60,000 property.

Payments and Steps

There are TWO key stages: - Reservation of a type of property and then Selection of Specific property 4 to 5 weeks later.

  • Discuss and Provide ID Information
  • Review and Sign Agreement
  • Make 10% payment plus the purchase. There can be a gap of up to 6 months between Reservation and Final payment if requested by Buyer. Normally 1 to 2 months.
  • Agree Specific Property
  • Payment 90% plus any stamp duty This can be made in instalments if needed. Rent starts 30 days after payment is complete.
  • Purchase Completion & Registration at Land Registry
  • Rent is paid at end of each calendar quarter into any nominated bank account (overseas or in UK) belonging to owner.
Resale

Clients can resell their properties at any time and can use us, other agents, or themselves. We advise clients not to purchase if they are looking to resell within 2 years as they will not make much profit due to buying and selling costs. Most clients are buying for long term investment and for such a purpose, these properties are ideal. If you buy and immediately resell you will lose money.

HMRC and Tax

We provide a comprehensive service and guide you through all of the processes to make this easy for you.

Registration as Non-Resident Landlord (NLR)

After completion, we guide you through the online process to Register with HMRC to obtain a NRL Reference Number (if needed) so that your rental income is paid without tax deduction.

Annual Tax Free Allowance

All nationals of UK, EU and most other countries are eligible for the UK personal allowance. This is a very good benefit for foreign buyers and expats. Currently this is £10,600 per person per year (A couple thus have £21,200). Thus any rental income below this level would be tax free. The allowance is gradually increasing to £12,500 in the next 4 years. So eventually a couple could have up to £25,000 of tax free rental income in the UK every year. This is sufficient for about 7 low cost investment properties and this system makes the UK one of the best countries for long term investment for clients living overseas.

Tax Returns, Filing and Paperwork

We can provide a service to do the annual tax return and other HMRC paperwork for you, for a small annual fee - or give you guidance to do it yourself directly with HMRC.

Insurance Fee

The annual insurance fee is the only cost that is client's responsibility (as insurance cannot be paid by third parties and must be paid by owner). Full buildings insurance for a typical Type 2A house is negotiated to only about £95 per year. The first years' fee is included in the purchase costs and is thus not charged separately. In future years, we handle this for you and add the fee to your statement and take it from your rent each year.

There are no other ongoing costs for clients. All utilities and any council/community tax is paid by tenant (or by our company if property is empty). All repairs and property maintenance are our responsibility.

Viewing Visits/Tours

Since these investment properties are very popular, it is difficult for us to deal with the volume of speculative enquiries and arrange viewing for everyone without notice.

After your identification, we aim to provide as much information as possible by email to enable you to make a provisional decision. Thereafter, you can decide whether as visit to the UK is worth pursuing. We can provide the following service free of charge only to serious customers who are likely to proceed following the viewings and the meetings in the UK.

Each visit takes about 3 to 4 hours and involves meetings with senior consultants

  1. Land at Manchester or Liverpool Airport, or if coming from London, come by train from Euston to Preston Station (2 hour journey).
  2. We collect you from the airport, railway station or your hotel.
  3. Have a meeting with you at our offices to discuss your purchase.
  4. Show you the different types of properties and different areas within Lancashire. If you have already reserved, show you the specific recommended properties to select from.
  5. Meet solicitor and attest documents if required (or these can be done easily overseas - we send you all the forms after reservation)
  6. Agree a plan of action for after your visit.
  7. Buying Process & Case Studies
  8. The 'Purchase Process' and 'Questions and Answers' sections at the end provide detailed information regarding the buying process.

Also have a look at the detailed case studies written by our longstanding clients from all over the world.

Best Buys for Investment

Offer A: Standard 2-Bed House £54,995. This is the best to purchase if you are not sure. Very good rental demand.

Offer B: Larger 2-Bed House £59,995.

Offer C: 3-Bed House £69,995.

We do have other types of properties in the price range £50,000 to £70,000 that are not shown here.

 

Offer Sheets

When purchasing such properties from Find UK and partner companies, you will be guaranteed a minimum specification and standard of property so that you can confidently make a reservation of such a type of property.

After reservation, normally 4 to 5 weeks later, you can select and agree the specific property address prior to your second (90%) payment and this agreed specific property will then be transferred to you as per the terms in the Reservation Agreement.

All recommended specific properties will be as per the details, floor plan, pricing, and rental shown in the following sheets. All Fees and Costs are also shown here.

 

Offer 2A: Standard 2-Bed Houses - £54,995

House Layout

Two rooms downstairs (Lounge and combined Dining room/kitchen with rear yard and two bedrooms upstairs plus 3-piece bathroom.

Rental Yield

We offer the Guaranteed Rent System as standard. For these properties the Guaranteed Rent is 7% of property contract price per year (£3,850 per year). Actual rent is higher at around 8% of property price but most clients select Guaranteed Rent as this provides certainty of income.

Property Sizes for Type 2A

Property sizes vary a little and approximate sizes of rooms is shown for average Type 2A house below.

  1. Lounge - 12ft by 13ft. (3.7m by 4m)
  2. Dining Kitchen - 12ft by 13ft. (3.7m by 4m)
  3. Bedroom 1 - 12ft by 13ft. (3.7m by 4m)
  4. Bedroom 2 - 10ft by 8ft. (3m by 2.5m)
  5. Bathroom - 10ft by 6ft. (3m by 1.9m)
  6. Rear yard/garden - up to 20ft by 13ft. (6m by 4m)
  7. Car parking: ample free car parking on street
Purchase Costs and Stamp Duty

The purchase costs are negotiated and fixed at £795 and include your solicitor costs, local searches, 12 month's insurance and land registry fees. Stamp Duty transfer fee is 3% on all additional property purchases. If you do not own another residential property (anywhere in the world) you can gain exemption. The amount of fee on this type of property would be £1,650. Total Cost inc any Stamp Duty & Purchase costs - £57,440. There are no other costs or hidden costs.

Cost Free Repairs

Properties are renovated to a standard to ensure that no significant repairs will be likely in the next 5 years. We guarantee the costs of any repairs in the first 2 years in the contract (we do not expect any, but this gives our customers peace of mind when buying the property).

Full Property Management with Repairs

Unlike other property agents, our Full Property Management under the Guaranteed Rent System includes costs of repairs and plumbing issues which are thus not charged to the owner. Our management fee is 10% of the Guaranteed Rent.

Continued Ongoing Management

Management and Guaranteed Rent is initially for a minimum period of 2 years. Unless otherwise agreed the property management will continue after the first 2 years under the Guaranteed Rent terms. After the minimum 2-year period, it can be terminated by the Buyer with 6 months' notice to us. We have not changed our Guaranteed Rent rate from 7% for past 8 years. There are no plans to change this, although we do reserve the right to change it.

Payments

Reservation Payment (after agreements signed): 10% of property price plus the purchase costs. Total amount - £6,295. These funds remain in the Client Account until property transfer.

Final Payment: 90% plus any 3% stamp duty. Total amount- £51,145 at Purchase Completion. This can be made in instalments if needed. There can be a gap of up to 6 months between Reservation and Final payment if requested by Buyer (-normally 1 to 2 months).

Guaranteed Rent starts 30 days after payment is complete and is paid at end of each calendar quarter.

 

Offer 2B: 2-Bed Large Houses - £59,995

House Layout

These are larger terraced 2-bedroom houses. Three rooms downstairs (Lounge and Lounge 2/Dining Room and separate kitchen with rear yard and two bedrooms upstairs plus 3-piece bathroom.

Rental Yield

We offer the Guaranteed Rent System as standard. For these properties the Guaranteed Rent is 7% of property contract price per year (£4,200 per year). Actual rent is higher at around 8% of property price but most clients select Guaranteed Rent as this provides certainty of income.

Property Sizes for Type 2B

Property sizes vary a little and approximate sizes of rooms is shown for average Type 2B house below.

  1. Lounge 1 - 14ft by 13ft. (4.3m by 4m)
  2. Lounge 2 - 12ft by 13ft. (3.7m by 4m)
  3. Kitchen - 8ft by 6ft. (2.5m by 1.9m)
  4. Bedroom 1 - 14ft by 13ft. (4.3m by 4m)
  5. Bedroom 2 - 11ft by 8ft. (3.4m by 2.5m)
  6. Bathroom - 10ft by 7ft. (3m by 2.1m)
  7. Rear yard/garden - up to 20ft by 13ft. (6m by 4m)
  8. Car parking: ample free car parking on street
Purchase Costs and Stamp Duty

The purchase costs are negotiated and fixed at £995 and include solicitor costs, local searches, 12 month 's insurance and land registry fees. Stamp Duty transfer fee is 3% on all additional property purchases. If you do not own another residential property (anywhere in the world) you can gain exemption. The amount of fee on this type of property would be £1,800. Total Cost inc Stamp Duty & Purchase costs - £62,590

There are no other costs or hidden costs.

Cost Free Repairs

Properties are renovated to a standard to ensure that no significant repairs will be likely in the next 5 years. We guarantee the costs of any repairs in the first 2 years in the contract (we do not expect any, but this gives our customers peace of mind when buying the property).

Full Property Management with Repairs

Unlike other property agents, our Full Property Management under the Guaranteed Rent System includes costs of repairs and plumbing issues which are thus not charged to the owner. Our management fee is 10% of the Guaranteed Rent.

Continued Ongoing Management

Management and Guaranteed Rent is initially for a minimum period of 2 years. Unless otherwise agreed the property management will continue after the first 2 years under the Guaranteed Rent terms. After the minimum 2-year period, it can be terminated by the Buyer with 6 months' notice to us. We have not changed our Guaranteed Rent rate from 7% for past 8 years. There are no plans to change this, although we do reserve the right to change it.

Payments

Reservation Payment (after agreements signed): 10% of property price plus the purchase costs. Total amount - £6,995. These funds remain in the Client Account until property transfer.

Final Payment: 90% plus any 3% stamp duty. Total amount- £55,595 at Purchase Completion. This can be made in instalments if needed. There can be a gap of up to 6 months between Reservation and Final payment if requested by Buyer (-normally 1 to 2 months).

Guaranteed Rent starts 30 days after payment is complete and is paid at end of each calendar quarter.

 

Offer 3C: Large 3-Bed Houses - £ 69,995

House Layout

Three rooms downstairs (Lounge and Lounge 2/Dining Room and separate kitchen with rear yard and three bedrooms upstairs plus 3-piece bathroom.

Rental Yield

We offer the Guaranteed Rent System as standard. For these properties the Guaranteed Rent is 7% of property contract price per year (£4,900 per year). Actual rent is higher at around 8% of property price but most clients select Guaranteed Rent as this provides certainty of income.

Property Sizes for Type 3C

Property sizes vary a little and approximate sizes of rooms is shown for average Type 3C house below.

  1. Front Private Area/Garden - not always present.
  2. Lounge 1 - 14ft by 13ft. (4.3m by 4m)
  3. Lounge 2 - 14ft by 13ft. (4.3m by 4m)
  4. Kitchen - 8ft by 6ft. (2.5m by 1.9m)
  5. Bedroom 1 - 14ft by 13ft. (4.3m by 4m)
  6. Bedroom 2 - 11ft by 8ft. (3.4m by 2.5m)
  7. Bedroom 3 - 10ft by 8ft. (3m by 2.5m)
  8. Bathroom - 10ft by 7ft. (3m by 2.1m)
  9. Rear yard/garden - up to 20ft by 13ft. (6m by 4m)
  10. Car parking: ample free car parking on street
Purchase Costs and Stamp Duty

The purchase costs are negotiated and fixed at £995 and include solicitor costs, local searches, 12 month's insurance and land registry fees. Stamp Duty transfer fee is 3% on all additional property purchases. If you do not own another residential property (anywhere in the world) you can gain exemption. The amount of fee on this type of property would be £2,100.

Total Cost inc Stamp Duty & Purchase costs - £73,090

There are no other costs or hidden costs.

Cost Free Repairs

Properties are renovated to a standard to ensure that no significant repairs will be likely in the next 5 years. We guarantee the costs of any repairs in the first 2 years in the contract (we do not expect any, but this gives our customers peace of mind when buying the property).

Full Property Management with Repairs

Unlike other property agents, our Full Property Management under the Guaranteed Rent System includes costs of repairs and plumbing issues which are thus not charged to the owner. Our management fee is 10% of the Guaranteed Rent.

Continued Ongoing Management

Management and Guaranteed Rent is initially for a minimum period of 2 years. Unless otherwise agreed the property management will continue after the first 2 years under the Guaranteed Rent terms. After the minimum 2-year period, it can be terminated by the Buyer with 6 months' notice to us. We have not changed our Guaranteed Rent rate from 7% for past 8 years. There are no plans to change this, although we do reserve the right to change it.

Payments

Reservation Payment (after agreements signed): 10% of property price plus the purchase costs. Total amount - £7,995. These funds remain in the Client Account until property transfer.

Final Payment: 90% plus any 3% stamp duty. Total amount- £65,095 at Purchase Completion. This can be made in instalments if needed. There can be a gap of up to 6 months between Reservation and Final payment if requested by Buyer (-normally 1 to 2 months).

Guaranteed Rent starts 30 days after payment is complete and is paid at end of each calendar quarter.

 

More on Investment Properties

Why are these Properties the Best for Investment?

Here are just some of the reasons why we recommend such properties:

  1. High rental yield due to rental demand.
  2. Low cost due to fall in prices in 2007-2010.
  3. Good capital growth potential as the economy is now recovering.
  4. Already rented out (no renting costs to you).
  5. Guaranteed rent option for minimum of first 2 years, for peace of mind.
  6. Secure purchase process with defined verifiable stages.
  7. Low purchase fees that are fixed so you know what your costs will be.

The chart below shows that, on average, properties were selling for £50,000 in the year 2000, after which the prices rose, fell and now are expected to rise again.

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

Holiday Use

The best way to use your property is to keep it rented out all of the time and to use the rental income for your holidays and visits to the UK. This is more cost-effective and allows you to have your holiday anywhere in the country, in accommodation of your own choice. Trying to use your property for holidays is not cost-effective and actually ends up costing you more!

Future Own Use

If you relocate or decide to live in the UK, and need a property for your own permanent use, then the best thing to do is to re-sell these investment properties and get an 'own use' property in your desired location. We can help you do this. In the mean-time, your funds would have grown at a good rate. Another option it to rent an "own use" property and use the rental income from your investment properties to pay for it.

Buying for Children's Education

Many clients initially are looking for a property that is near a university so that this can be used by their children if and when they do come to study in the UK. Our advice is that if this is your main aim - then you should NOT purchase property yet. The problem is that the selected property may not be in the right location, in the right community, convenient for your child - even if it is near the town you think your child will study at. It is better for them to rent initially and have the ability to move around to ensure they are in a convenient and safe location for their studies. We have many clients from overseas who wish to do this but practically they never end up using their own properties for one reason or another.

Instead if you do want to get a UK property, it is better for you to get a purely investment property that you leave rented all out of the time. You can then keep the rental income in the UK and use this income to pay for your child's university accommodation. This will give you and your child more flexibility.

Mortgages

Mortgages are not available to non-residents of the UK - even UK nationals. Hence, buy-to-let mortgages will not be available upfront for these properties. You will need to ensure you have sufficient funds to make the property purchase.

Residency in the UK

Purchase of any property in the UK does not give you any automatic residency, work rights, or permanent visa in the UK. As an investor, it will be easy for you to obtain visit visas but you do not get automatic residency or ability to work in the UK. If residency is your main aim - then you should not buy a property - but seek appropriate visa or immigration advice.

 

Investments to Avoid
Beware of Student Room Investments

These are single rooms within student flats and sold as leased investment units. The properties are built by builders and developers, marketed and sold by sales companies and managed by different student management companies. The rooms can only be rented out by the management company - you cannot use them or rent them out yourself. They can only be re-sold to another investor who agrees for them to be continued to be used as student-only accommodation.

Whilst there are some projects that offer good value, many do not due to high management/ service costs and short leases (student properties are not freehold). Prices are inflated with a single mini bedroom in a shared flat costing around £50,000 and they cannot be sold to anyone other than an investor. Thus, the market re-sale value may not rise (and can fall). Typically, these are sold by aggressive sales agents who do not have control over the property and no subsequent contact with the buyer. We have had many customers who have contacted us wanting to exit such investments and were prepared to do so even at a loss.

Student rooms are not really comparable with freehold houses and would be impossible to sell without the guarantees made by the companies advertising them. Unfortunately, such guarantee wording is drafted in a way in which there is a 'get-out' for the developers, managing companies and sales agents in case the yields and growth are not achieved. This means that it is in fact the investors that carry the risks. We have sold these rooms in the past and they are not the risk-free investments many of these companies claim them to be.

With the student investments, there can be several parties involved - properties are sold by the commission based sales company, they are purchased from the developer or builder, and the student management company who you will be dealing with is completely different. When you purchase a standard house with our help, we are responsible and liable for all aspects of the purchase, rental and management; we remain your contact for the life-time of your investment.

The best student property to buy is a standard house near a College or University. Standard UK houses can be sold to anyone (or used by yourself) and are now increasing in value at good growth rates. See these articles:-

"Student 'digs' offer a harsh lesson for investors"

http://www.telegraph.co.uk/finance/personalfinance/investing/buy-to-let/10852153/Student-digs-offer-a-harsh-lesson-for-investors.html

"Don't get suckered by student accommodation"

http://moneyweek.com/dont-get-suckered-investing-student-accommodation/

Hotel Rooms, Care Homes, Car Parks & Storage Pod Investments

These fall into a similar category to student pods. The values are inflated, there is no true re-sale market (can only be sold to another investor) and capital growth is not realised.

There are multiple companies and contracts in each transaction and no one company totally accountable to the investor. Whilst returns may be guaranteed for a short period there are hidden charges

'Under-Construction', Off-plan apartments or Virtual Property

Take extra care when purchasing an investment property that is yet to be built or is under construction. The risks with such properties remain high. The project could be cancelled, and there can be delays in completion and then in renting the properties out. Prices are often inflated by developers as properties are difficult to compare.

For investment, only consider property that is built and already rented out. Buy from a company that has control over the property and who remains responsible to you after the sale. Again, there are exceptions and some of these properties can be suitable, especially for your own use in cities.

 

Growth Chart - Low cost investment houses

NEXT STEPS

Go to top of home page and click the relevant offer by clicking "GET INSTANT E-BROCHURE" and provide your email address and details. One of our staff will contact you and answer any further questions you may have.