What is ‘rental guarantee’ and do I need it?

Renting a property out always comes with risks, and one of the main risks for any property investor is a tenant not being able to pay rent and falling into arrears. Rental guarantee is a form of insurance that covers rent if a tenant defaults on payments. This can provide additional protection and peace of mind.What does rental guarantee cover?Rental guarantee covers rental income for landlords when a...

What does the BNO passport changes mean for Hong Kong buyers?

The UK has opened a new path to citizenship for British National Overseas (BNO) residents in Hong Kong. This BNO visa opened for applications on 31st January 2021. Here we’ll cover who is eligible for the BNO visa, the costs involved, potential tax implications and the impact on property buyers and investors.

[Report] Chestertons London Property Market – Winter 2020-21

The London property market remained remarkably active in the final three months of 2020, despite covid-19 and the uncertainties of Brexit.Chestertons saw a 26% rise in sales between October and December and a 63% rise in the number of agreed tenancies, compared with the same period in 2019.Although the hangover from Covid-19 will be felt throughout 2021 and beyond, and despite the uncertainties following...

Buying A UK Property Made Simple: 10-Step Guide in 2021

Buying a property will probably be one of the most important decisions and biggest purchases of your life and so a careful, organized approach is required if you want to secure your ideal property. To help you navigate your way on this journey, this step-by-step guide will help you with your planning and with understanding the processes involved.  Are you ready? Let's go. Step 1 -...

Why Arab buyers are shifting their focus on London property

Middle East investors are snapping up 'zone 2 to 4' London properties, taking advantage of the UK's stamp duty holiday Traditionally Middle East buyers have focused on the prime central zone one area of London. Arab investors are snapping up ‘zone 2 to 4’ London properties, taking advantage of the UK’s stamp duty holiday on real estate valued up to £500,000. That’s according to Dennis...

[DOWNLOAD] London Property Market Autumn Report 2020

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...

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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