Real estate investment is a relatively reliable and stable investment direction in the UK investment field.Currently, Chinese investors are buying UK properties#{ 12} is a good opportunity.The property types, property rights structure, purchase process, loan methods and tax insurance in the UK are very different from those in China.Before investing in British real estate, Chinese people need to know the relevant knowledge about buying houses in the UK in order to reduce investment risks and maximize investment returns.
Therefore, we will introduce the two or three things about UK property investment in stages.In this issue, we start with an overview of UK real estate.
The overall trend of British real estate investment in the international market has been stable and Strong.Among overseas investments, British real estate has always been the main investment product favored by Chinese high-net-worth individuals.On the one hand, due to the continued downturn in the domestic real estate market and the suppression of investment demand, high-net-worth individuals hope to seek more investment opportunities in overseas markets; on the other hand, China's overall economic growth has driven the growth of personal wealth, thus driving the overseas residential real estate investment boom.
Real estate in the UK can be divided into many different types, including apartments, villas, townhouses, low-cost houses, etc.Compared with China, British real estate provides investors with more choices.
Modern apartments usually do not have freehold title, but only 99 year#{40 },125 year,250 year or 999 year Use property rights.The construction process of the house is often not as detailed and elegant as that of the old house.The property fees of modern apartments in different communities also vary according to different supporting facilities.These details must also be included in the real estate investment report for careful analysis and consideration.
Single-family villas are relatively expensive in the UK.It is an independent villa with its own garden and parking space.Depending on the location, the price of a single-family villa will vary greatly.
Townhouses were usually built from 1930 to 1950 # In {10}, it has the precious characteristics of classical style.The advantage of townhouses is that they have a back garden (generally about 10-15 meters long) and have freehold ownership.Townhouses can add significant value to the property itself through rear wall extensions and roof modifications.The disadvantage of townhouses is that they usually do not have a parking garage, and parking must be parked on the road in front of the door.The noise and thermal insulation coefficient may be slightly inferior to detached villas and semi-detached villas.
Townhouses can be subdivided into classical style (generally very grand buildings) and modern style (from 1970 # {Construction started in 23}) two types.The classical style is usually located in the center of London, has a larger space, and generally has an independent garden and garage.The modern style has good thermal insulation, sound insulation, multiple bathroom facilities, and ample parking space.Townhouses can bring high rental returns. They can be rented not only as a whole house, but also as a unit.Disadvantages include the need to frequently walk up and down stairs.
Vacation villa/Farmhouses are very old small houses, many of them are in the countryside, and the price They are all relatively expensive, mainly because the British prefer old and distinctive houses.Many British people use these houses for retirement or vacation.
The types of low-rent housing include: semi-detached villas, small townhouses and apartments.The government will rent low-rent housing to residents at low prices or for free.Although they are not sold at will, the government will sell them to low-rent housing tenants at low prices according to policies.Sometimes local governments are short of funds and auction some low-rent houses that are vacant or in need of repair.Generally, the quality of this kind of house is acceptable, but the community environment of the house is not very good, because many residents in the community may be poor, and the safety and appreciation space will be affected to a certain extent.
Private low-rent housing was generally sold by the British government at a low price in the 80 Tenants living in the house.In terms of market price, this kind of house will be cheaper than ordinary commercial housing.This kind of house investment has relatively high risks. Firstly, it is unsafe. Secondly, it will affect future housing prices.
Some readers may ask, UK What is the difference between ownership of property (land use rights)?
The advantage of a freehold house is that you don’t have to worry about its useful life. It is a lifelong property of the owner. The property will generally increase in value steadily and can be passed down from generation to generation.
Land lease right means that the buyer has ownership of the house on the ground, but the ownership of the land occupied by the house is owned by others or the government.The disadvantage is that when the land lease term is approaching, the house price will be significantly reduced when the house is transferred. Generally, the seller needs to complete the lease renewal through a lawyer and pay the renewal funds before the transaction can be carried out at the normal market price.This type of house must obtain the landowner's consent before it can be remodeled, transferred or sublet.
Shared ownership means that the home buyers jointly purchase the house, jointly contribute capital, jointly apply for a loan, and bear equal obligations to repay the loan and various daily expenses of the property.Shared property rights can be further divided into: jointly owned property rights and proportional shared property rights.
Shared ownership means that an individual and an organization (usually a housing association) each own a certain percentage of the property.Usually an individual can purchase a proportional share of 25%-75% and the remaining proportional share is owned by the individual to the housing association.The advantage of shared ownership is that it makes it affordable for more buyers to get on the first step of buying a property, and under certain conditions, stamp duty on shared ownership properties can be waived.
Shared equity is a government-based open market house purchase scheme that aims to provide potential homeowners who cannot afford to buy a house so that they can afford their own house.
Finished houses and unfinished commercial houses( are generally called off-plan houses or off-plan buildings#{32 }) When sold in the UK, the price is generally higher than the same type of second-hand houses on the market at that time.
