|Property as investment|
in property in Great Britain is reasonable and safe. Great Britain is
situated on islands which cause the lack of free land and instant raise
of prices for property. The 2012 Olympic Games in London also makes for
it. The National Housing Federation (NHM) research results showed that
prices for property in the UK will rise up to 40% during next few years.
With residential property, the rent achieved will usually cover the
cost of any money borrowed to purchase but there is unlikely to be a
great surplus above that. However, one is looking for a capital return
in the longer term on the purchase price rather than simply a profit on
the income in the shorter term. The rent will usually equate to 8-15%
of the purchase price of the property per annum.
A well located flat could be also used both for the owners` trips to
London and in the time when it is vacant, rented out for holiday lets.
Law Firm’s provide professional search and selection of property in the
UK for investment purposes. We identify what is available responding
the client’s budget and provide detailed reports on the properties
including information on the probable tenancy. We also negotiate the
price and carry out the conveyancing procedure. As mortgage is
available in British banks both for British citizens and non-residents,
we also advise and provide mortgage. Concierge services in relation to
property maintenance, renovation or tenancy are also available upon