If you are a buyer based outside of the UK, our International team can help you find your perfect London real estate. Our International team is headed by Belinda Chu who has extensive experience selling property to overseas buyers, particularly buyers based in China, Singapore and Malaysia.
Belinda and her team can help you through the whole process of buying in the UK. This includes finding a property at a price and in the location that is right for you. We can also give you access to properties that are available exclusively through Currell. Our team will walk you through the buying process and recommend a local firm of lawyers to act on your behalf. We are also able to provide you with helpful information regarding tax issues.
Tax is an issue that concerns many buyers. Stamp duty land tax will be payable at between 1 and 5% of the purchase price depending on how much you buy for. We can supply you with full details on request.
Capital Gains Tax may be payable on any profit you make when you sell your property. The current exemption that applies to non-residents ends in April 2015. You should also be aware that if you rent out your property, UK Income Tax is payable on the net rental income you receive.
The rate of tax starts from 20% and rises up to about 45%. UK taxation can be complicated and we would be happy to put you in touch with a tax specialist or accountant. If you are buying your property as an investment, Currell’s lettings team can find a reputable tenant for you. Currell Management will then manage your property on your behalf, making your investment simple and stress free.