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Find answers to common questions about buying, selling, and renting property in London. Can't find what you're looking for? Contact us directly.
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Common Questions
Prime Legacy Homes is a boutique property advisory specializing in prime Central and West London residential real estate. We help clients buy, sell, let, and manage luxury properties in areas including Kensington, Chelsea, Mayfair, and Knightsbridge.
Common Questions
Yes, there are no restrictions on foreign ownership of UK property. Buyers of any nationality can purchase freehold or leasehold property in England and Wales. However, all buyers must complete AML (Anti-Money Laundering) and KYC (Know Your Customer) checks.
Common Questions
SDLT is a tax paid by property buyers in England. The rate depends on the purchase price: 0% on the first £250,000, 5% on £250,001-£925,000, 10% on £925,001-£1,500,000, and 12% on amounts over £1,500,000. Non-UK residents pay an additional 2% surcharge.
Common Questions
Yes, several UK banks offer mortgages to overseas buyers. However, you'll typically need a larger deposit (25-50% of the property value) compared to UK residents, and you'll need to provide comprehensive documentation of income and assets.
Common Questions
You'll need: valid passport or ID, proof of address (utility bill or bank statement), source of funds documentation explaining where your money comes from, and 3-6 months of bank statements.
Common Questions
Да, наш менеджер свободно говорит по-русски и оказывает полный спектр услуг на русском языке — от поиска недвижимости до сопровождения сделки и управления собственностью.
Common Questions
Yes, we provide full letting services including property marketing, tenant viewings, reference checks, tenancy agreements, and move-in coordination.
Common Questions
Mayfair and Knightsbridge are typically London's most expensive areas, with average prices of £2,500-£5,000+ per square foot. Super-prime properties can exceed £10,000 per square foot.
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Complete guide to buying London property as an overseas buyer
Полная информация на русском языке
UK real estate terminology explained
Property search, lettings, and management
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