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Tower Hamlets, London

What do I need to know when buying property in UK?

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When we asked expats what advice they would give a foreigner before buying a property in UK, they said...

"It's important to hire a qualified and experienced solicitor to ensure you understand all the legal aspects of buying property in England. Research the local area and consult with a Chartered Surveyor for advice on any potential issues with the property. Ensure you understand what local property taxes and other associated costs you may have to pay. Make sure you factor in any additional work you may need to do to the property and the associated costs. Obtain buildings insurance to protect your investment. Consider if you need permission to make changes or extend the property. You should also consider if the property has any environmental issues or if it is situated in a flood risk or conservation area. Finally, make sure you negotiate with the seller to get the best possible price for the property before going ahead with the purchase," explained one expat living in UK.

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What do I need to know when buying property in UK?

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About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

Tower Hamlets, London

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