Just like buying a house in China, you must first understand your total budget for buying a house. Buying a house in the UK requires a deposit of at least 5% of the total property price. The more you pay, the lower the mortgage interest rate. In addition to the down payment, there are other expenses to be paid: lawyer's fee, stamp duty, investigation fee and transportation fee.
2. Buy a house in London and find a suitable house.
Now that you have determined your budget, you can start looking for a house that meets the total budget. Finding a suitable house is a crucial step, especially the choice of lots.
Step 3 Observe the details carefully
If you buy a new house, it is recommended to communicate with CBRE's professional overseas home purchasing team as soon as possible and select your favorite unit as soon as possible. Different positioning, different periods, house prices will change. Generally speaking, it is recommended to buy the first phase project developed by brand developers, and the price will be more attractive.
If it is a second-hand house, please observe it carefully when you look at the house on the spot.
4. Cross-compare the prices of buying a house in London with those of nearby houses.
Once you take a fancy to a real estate and want to quote, you can consult a real estate consultant to find out the price of the house recently sold around you and make a judgment according to the specific value of the real estate you like. You can also consult the property consultant for the most cost-effective property that meets your requirements.
5. London house price negotiation
When you are sure that you want to buy a property, please remember that you should negotiate at any time. You can consult the price through a professional real estate consultant and ask if you can negotiate the price.
6. Buy a house in London and apply for a loan from the bank.
Mortgage is a very important step. Foreign buyers need to provide proof of the legal source of the house payment, such as house sales contract, receipt of stock or other wealth management income, will or other gift certificate, savings certificate, etc.
7. Buy a house, sign a contract and buy insurance in London.
After applying for a loan, the bank will conduct relevant audits, and the lawyer will assist in the investigation to ensure that there is no problem with the house. Sign the contract and pay the final payment as agreed by both parties.
Unlike in China, please remember to buy insurance for your house, including building and contents, which can effectively protect the safety of your house.
8. Overseas property consultants specializing in London housing consultation.
In addition to on-the-spot house inspection, you can also use the Internet to collect information. For example, the CBRE overseas project website has a selection of global high-quality projects, including project location, price, apartment type and number of bedrooms.