Conditions for China people to buy a house in Britain

With the improvement of China's economic level, most people have some spare money in their hands. So now more and more people are considering buying a house abroad, the main purpose is to get a better return on investment. However, Britain is the first choice for China people to buy a house. So, what conditions do China people need to buy a house in the UK? What should I pay attention to? Let's take a look!

1. What do China people need to buy a house in the UK?

1. Nationality restrictions

The British government does not require residents or citizens to buy houses, and there are no special regulations on visas for overseas property sales.

2. Information preparation

Individuals who buy a house in London need to provide proof of lawyer's verification:

1. identification: passport

2. Address proof: utility bill or bank statement showing name and home address.

3. Proof of deposit: the bank statement is about 3- 12 months, and the balance can pay the down payment.

4. Buying a house together requires both parties to provide proof of identity, proof of address and marriage certificate. If it is purchased in the name of the company, you need to provide:

1. Business license and articles of association of the company

2. Certificate of registered address of the company

3. List of Directors and Shareholders

4. Identity cards or passports of directors and shareholders.

3. Preparation of funds

The customer must pay the developer a deposit of 2000-5000 (depending on the specific project) for the selected property. The buyer shall pay 65,438+00% of the total house price to the buyer's lawyer as the down payment within 265,438+0 days after receiving the house purchase contract from the buyer's lawyer, and pay 65,438+00% to the buyer's lawyer as the re-payment after paying the down payment according to the developer's requirements (according to the developer's terms), and the balance shall be paid or applied for a loan when the house is handed over.

4. Account preparation

You don't have to open a British account, but you should decide according to the value of the property purchased by the customer and your personal needs. So foreigners can also buy it.

Second, what should I pay attention to when buying a house in the UK?

1. demand

If you choose to buy a house in Britain for your children's education, then you should buy a house according to the state, city and even school rankings, public security and educational resources. If you buy a house abroad for employment, then you must consider the traffic demand; If you live in your own house, you should be more careful. Besides community environment, education, climate and other factors, you should pay special attention to whether there are Chinese living here. Its main purpose is to facilitate future contacts.

2. Information

When you understand your needs, you should do a good job of research. When buying a house, you can search for information resources online or listen to the experience of friends around you to learn about the skills of buying a house abroad. Of course, it should be noted that we must not blindly listen to one person's opinions, but must fully obtain useful information.

3. expenses

Now there are more and more people buying houses abroad, so buyers should also have a certain profit rate target. But most people only look at the superficial price, but ignore the cost. Because when you buy a house, you must first look at the current real estate stage, and then remove a series of places such as property fees and property taxes to see if there will be differences in prices.

Editor's summary: The above describes the conditions for China people to buy a house in the UK, and the matters needing attention in buying a house in the UK. I hope I can help you. If you need more information about buying a house in the UK, you can continue to lock our website!