If you’ve been wandering around London recently, here’s one thing you would’ve probably noticed: the city is moving eastwards. Thanks, in part, to the London Olympics, the population is booming in east London with growth projections of a further 600,000 in the next 15 years. Today, more Londoners live to the east of the Tower …
While Europe levies some of the highest property purchase taxes in the world, the UK has a relatively low property purchase tax. Europe levies some of the highest taxes on the purchase of prime property, charging an average 4% in taxes on a purchase of US$1 million (equivalent £765,000), according to a new study released by …
In a surprisingly historic and shocking move, the United Kingdom (UK) voted to leave the European Union (EU) on June 23rd, throwing the global community and stock markets into a furor. But what next? How will Brexit impact the economic and political climate? As expected, plenty of conjecture has surfaced through the cracks. Our research team at …
For Immediate Release Silver Lining Behind Brexit for Malaysian Investors European Referendum holds many advantages for Malaysian investors Investors of UK property can take comfort that there is a silver lining behind the impending European Referendum. In the weeks leading up to Brexit, investors have been waiting with bated breath to see the outcome of …
Press Release – Silver Lining Behind Brexit for Malaysian Investors Read More »
TICK TOCK. The clock is ticking. Come 1 July 2016, the 4% increase in stamp duty surcharge imposed by the Victoria state government on foreign property investors shall take effect. This increase, announced late April 2016, comes hard on the heels of the 3% stamp duty surcharge introduced on 1 July last year. Victoria’s new stamp …
Property in Melbourne and Sydney often hog the limelight, but savvy and seasoned investors are keeping a close watch on the West Australian city of Perth. West Australian property is proving its broad appeal, with new figures from the Foreign Investment Review Board (FIRB) revealing a total of 2043 approvals for foreign buyers, an increase …
Approvals for foreign investment in Australian property hit a record high of A$61bn, an increase of 75% in the 2014-15 financial year, possibly accounting for approximately a quarter of new developments Down Under. This increase is on the back of a 102% spike on the year before. The Foreign Investment Review Board (FIRB) records 36,841 (60% …
Foreign Investment in Australia Property at Record High Read More »
Part 1 of our Manchester series underscores research highlighting Manchester as the UK’s no. 1 property investment hotspot in the next 10 years. In Part 2, we discuss why Manchester is poised to have the strongest rental market in the UK. Video credit: Select Property Group According to Savills, demand for rented accommodation has increased …
In Part 1 of our Manchester series, we discuss the facts & figures that make Manchester THE top city for investment in the UK. The numbers don’t lie. Photo credit: Select Property Group The investment landscape in the UK is changing. The focus has moved from London as the go-to destination for investment and the UK’s …
The looming Brexit referendum is sending property investors into a bit of a worry whirl. What are the implications? Come June 23, UK citizens will vote on whether the nation should withdraw from the European Union. While there is still time before that happens, the uncertainty is a cause for concern across all industries in …
