International Buyer Guide

London property attracts international buyers from around the world, drawn by stable property rights, prestigious addresses, excellent schools, and long-term investment potential. The UK places no restrictions on foreign ownership—you can buy property regardless of your nationality or residency status.

However, purchasing property in a foreign country presents unique challenges: unfamiliar legal processes, tax implications, currency considerations, and practical logistics. This guide explains what international buyers need to know, and how Prime Legacy Homescan support you through the process.

The UK property purchase process differs significantly from many other countries. Understanding these steps helps you prepare effectively.

Understanding the full costs involved helps you budget accurately. Below are the main expenses beyond the property price.

SDLT Calculator Example

For a non-UK resident buying a £2,000,000 property as an additional home (i.e., they own property elsewhere):

Note: These are illustrative figures. Actual SDLT depends on your specific circumstances. We can provide accurate calculations for your situation.

UK anti-money laundering (AML) regulations require thorough verification of identity and source of funds. International buyers should prepare documentation early to avoid delays.

Required Documents

• Valid passport (certified copy may be required)
• Proof of address (utility bill, bank statement dated within 3 months)
• Proof of source of funds (bank statements showing where deposit comes from)
• Evidence of income (employment contract, tax returns, business accounts)
• If gift funds: gift letter and donor's source of wealth documentation

Source of Funds

The solicitor must understand where your purchase funds originate. This could include: savings, property sale proceeds, business income, inheritance, or investments. Documentation must trace funds clearly— this process can take several weeks for complex financial arrangements.