Can I buy property in the UK as a foreigner?
I am not British and do not live in the UK – can I buy property in the UK?
In short, yes, as a foreigner you can buy property in the UK, even if you do not live in the UK.
That said, buying property in the UK as a foreigner is easier if you are a cash buyer – i.e. do not need to apply for a mortgage or additional borrowing as it may be difficult to apply for such a mortgage.
Therefore, if you are looking to buy a property, it is important that you have a full understanding of the UK property market and have access to funds.
It is also important to remember that, while the pound is currently relatively cheap, property prices in the UK are still comparatively high, depending on the area.
However, if you can afford to buy a property outright, yields from rental income can be high, while property prices tend to rise.
It is not yet known quite how Brexit (the UK’s exit from the EU) will affect overseas buyers of UK property, or house prices in general.
If you are thinking of buying property in the UK, we can arrange for a free consultation so you can establish whether it is a sensible investment for you and potentially help you find the right property as well.
Request free property consultation (click to show form)
If you are considering buying a property in the UK, enter your details using the form and we will arrange for a free consultation with an independent consultant who will be able to answer any questions you have.