[DOWNLOAD] London Property Market Autumn Report

The London property market gathered considerable momentum in the three months to September. The number of sales agreed by Chestertons in this period more than doubled compared to the previous three months. This increase is even more impressive given that international buyers, who typically account for a large proportion of buyers in central London, have been largely absent since April. Following on...

Everything a GCC-based investor needs to know about buying UK property

Dennis Chan, Chestertons Global Head of Sales, navigates through the key questions facing investors living in the Gulf. Can overseas investors buy UK property? Yes, overseas investors are allowed to buy properties in United Kingdom. This is a really popular question I get from clients based in the Middle East and Asia. Unlike some cities in the world that impose legal limitations on overseas...

Gulf investors rush to snap up real estate in ‘safe haven’ London

UAE buyers are flocking to the London property market as the UK records its highest ever sales. The British capital is attracting Dubai buyers who are looking for a second home to diversify their investments, according to experts. UK property site Rightmove recorded more than £37 billion ($49 billion) of property sales between July 12 and August 8 – the highest ever agreed in a month since it...

What does the UK’s stamp duty tax break mean for Middle East investors?

On July 8, the Chancellor of the UK Government, Rishi Sunak, announced first-time property buyers would pay no stamp duty tax on properties up to the value of GBP500,000 (AED 2.36 million), with immediate effect. With uncertainty stunting the growth of the real estate market in the UK as a result of Covid-19, these latest measures by the UK Government are likely to increase confidence with those who...

Best Areas To Buy Properties In Dubai

With a population that consists of roughly 85% foreigners, it is fairly common for expats to rent and buy in Dubai. With a diverse workforce, there are lots of choices when it comes to developments and areas to live in Dubai. From family-friendly communities, to fashionable apartments in downtown Dubai, each area has it's pros and cons. 1. Downtown Dubai Known for the record-breaking Burj...

Why buy off-plan properties?

There are numerous benefits to buying new-build properties, and there are even more benefits when purchasing these properties off-plan. Buying off-plan involves committing to purchasing a home prior to the development being built. This could be any time before construction has started or right before it’s finished.Amenities, energy efficiency and warrantiesFor starters, purchasing a new-build can be less...

All You Need To Know About Notting Hill

The Notting Hill sales property market started strongly in 2020 as buyers took confidence from the stability offered by the decisive result of the General Election in December 2019 and returned to the market keen to secure a property. However, the lockdown measures introduced on 23rd May dramatically slowed the housing market until they were relaxed on 13th May. Since the market re-opened in May,...

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