When buying a house in the UK, all transactions are conducted by solicitors who are registered with the bar and under strict supervision. The purchase amount is transferred to your solicitor's escrow account. The UK has one of the safest real estate purchase systems in the world.
While property prices in the UK can fluctuate over time, they generally tend to increase in the long term. Over the past 25 years, property prices across the UK have increased 4.5 times.
Yes, you do not need to be a British citizen to buy a house in the UK.
The UK does not offer a programme that grants residence permits through property purchases.
The rental income you obtain from this project will be deposited into a bank account in the UK. You can easily open an account online via the Starling application, or at Turkishbank in London.
A certain portion of the annual rental income from the property you purchase in the UK is exempt from taxes. This exemption increases every year and is set at £12,570 for 2023. Income above this amount is taxed at a rate of 20%.
You can sell the house you buy from this project in the UK to anyone at any time. However, the buyer is required to comply with the remaining rental period.
The process of buying a house in the UK is quite secure as transactions are carried out through solicitors.
You do not need to travel to the UK for the purchase transactions. All procedures are carried out by your solicitor.
