London is currently has more inward investments in any other city in Europe, based on data issued by Ernst & Young. Even though there are some overseas investors that are investing their funds in endeavours other than real estate, property investment definitely makes up a sizable portion of overseas investments. While property values in the rest of the UK are beginning to drop, surprisingly property prices in London have remained nearly untouched, and are still comparably higher than those seen elsewhere in Europe.
Many investors from overseas are also aware of the fact that London is perhaps the most prominent financial hub in the world, and in conjunction with the US, is in constant dealing with Singapore investors. Even so, many overseas investors are concerned about not having a representative to speak for them in person and manage their property investments locally. Luckily, overseas investors don’t have to fret about not having someone present on their behalf when dealing with 1stAsset, as they’ll have access to trained personnel in Singapore and London that can handle their investments in person. With representative on both ends of the investment, 1stAsset provides total assurance to Singapore investors by ensuring that they are never left wondering whether their best interest is being taken care of.
Before investing in property, even in a major financial hub like London, it is wise to have a goal in mind. Some investors simply want to purchase properties in order to do a bit of renovations before flipping them. Others want to hold on to those properties as their investments grow over time with increased property values. When the value of their properties reaches a certain point, they immediately list them for sale to realise a certain return on their investment. Then there are those who simply want to hold on to their investments in order to let them out, increasing their ROI throughout.
Property investors from Singapore that are looking to buy/sell/rent their investments can rest assured when dealing with a realty/property management company that specialises in meeting the needs of overseas investors. 1stAsset not only specialises in assisting overseas investors, it specifically accommodates the needs of Singaporean investors on a frequent basis. It would help to have a property management team that can manage deals on both sides of the pond, and is knowledgeable about United Kingdom property sales regulations. Having a realty company that specifically specialises in UK registration and taxation would be particularly helpful to overseas landlords. Furthermore, it would also be beneficial to have a property management team that is capable of handling financial tasks like setting up business bank accounts in the United Kingdom.
From procuring an Electricity Performance Certificate to Gas and Safety Inspections, there is much which needs to be dealt with on the UK end. For this reason, 1stAsset Singapore is the go to Property Investment Company in London for overseas investors from Singapore. Although there is a dedicated team acting as a point of contact on site in the UK, any questions can also be addressed locally in Singapore. Whether looking for investment properties which can be flipped quickly or an investment property to lease out, it pays to have knowledgeable agents versed in both Singapore and UK investment regulations.
For more information on UK real estate, visit 1st Assest today.