Great Britain is England, Wales, Scotland and Northern Ireland. Each part of the kingdom has its own way of life and appearance. The most famous of the local cities is London, and it is here the most elite real estate in England is offered. Investors are offered exclusive neighborhoods – Knightsbridge, Belgravia, Mayfair, and Chelsea. Another option of prestigious housing is represented by town houses in the Victorian and Gregorian style.
Far from the cities of Yorkshire and Cumbria, there are luxurious huge mansions with prestigious architecture. Not less interesting mansions are in Scotland, they will appeal to lovers of wildlife. Be sure to pay attention to Oxford and Cambridge – the cities which are famous throughout the world for their educational institutions. Here, together with Glasgow, Birmingham, Edinburgh, and Manchester, there is an exclusive sale of real estate in England.
The United Kingdom has a rather dynamic and developed market of commercial and residential properties, with the highest prices in the world. Despite this, investors like to invest in English cottages and apartments, because it is reliable, stable and highly profitable. Of course, the country is obliged first of all to London by the popularity of housing. It is characterized by a favorable climate for businessmen, is famous for its culture and history, provides maximum comfort to residents.
London is the most prestigious option.
If you want to buy real estate in the UK, London is richer in luxury properties. The demand for such housing is caused by moderate taxes, the presence of a large financial center and excellent educational institutions. It is difficult to find objects in the Georgian style, but instead, it is possible to stay at the apartments in exclusive areas – this is Mayfair, Chelsea, Belgravia. Prestigious objects are located near the famous parks where you can enjoy the proximity of the gardens of Buckingham Palace.
The most fashionable areas are located near the lively bars – Notting Hill and South Kensington. Not less popular are the rich areas of Primrose Hill, Hampstead, St. John’s Wood and Regent’s Park. A luxury home is available on Bishops Avenue. Consider that in London the status of a person is determined by the address of his residence, therefore, it is more than prestigious to live in such areas as Glasshouse Yard, Hyde Park or Kensignton Square.
The laws of the country do not limit those who want to buy real estate in England; the prices are the only factor that can be a barrier. The transaction is carried out in 3 stages:
- search and selection of a suitable object;
- preparation of documents;
- purchase, payment of taxes and registration.
As for taxes and fees, they will increase the cost of housing approximately by 1.55–8.05%. This is the state fee and stamp duty, payment for the services of a lawyer, registration in the land registry. You can learn more about investing in English cottages and castles from the consultants of RPI SOLUTIONS.