Rich off rent English mansions

The rental market of elite housing in Central London is gaining momentum as a consequence of the lack of houses and increasing demand for rental. These findings are contained in the latest monthly report from real estate Agency W. A. Ellis .

This has been more evident in may. At the top end of the London property market is especially notable increased demand for rental in connection with the shortage of family homes, which increased demand from families wishing to settle in before the start of the summer holidays and the start of the new academic year.

Another trend in the rental sector of real estate of England is observed today as more and more buyers prefer homes away from the capital. For example, it was recently rented a 16th century mansion in Surrey, in 2015, in which lived sir Winston Churchill.

Continued growth in the number of super-rich people in the world have significantly increased the demand for super-luxury properties.

Meanwhile, on the real estate market, only the establishment of realistic prices will be the key to the sale.

The real estate market in the UK is very high international interest, especially high interest in the London property market and this interest continues to grow, despite the introduction of increased stamp duty. Super elite real estate is in super demand.

A simple comparative analysis will show, the acquisition of property in London will cost much cheaper than any other city in the world, even with the stamp duty ( What is “Stamp duty”) and costs for registration, such as the services of a lawyer and surveyor.

For example, a customer who buys an apartment for £ 2 million, will pay £100000 stamp duty, the costs of processing the transaction will cost him £6000 to £7000. If we compare Melbourne, the cost for the same purchase will be £117,000 was , as in Singapore or Hong Kong more than £300000. Grows best luxury properties in London

Stamp duty at the rate of 7% is levied on real estate more expensive than £ 2 million, additional payments paid by the investors if the buyer’s present legal entity. But for a huge number of private investors, London remains a safe haven for financial investment.

® Maxim Savitsky. 07.06.2013