The prerequisites and steps for buying a house with a loan in the UK are the same as those in China, except for the differences in data transmission and loan interest rates. "In the UK, new houses are divided into pre-sold houses and existing houses. According to the way of buying a house with a loan, the transaction risks of pre-sold houses, quasi-existing houses and second-hand houses are different." Generally speaking, China When families choose a pre-sale house in the UK, they can first apply for a loan through a real estate agency.
The delivery time for pre-sale houses in the UK is relatively long. During this period, all loan application processes can basically be completed, and Chinese families can successfully pay the total purchase price. Chinese families in the UK are optimistic about the houses for sale, and can also apply for loans through real estate agencies. However, because it takes a short time to obtain the houses for sale, it is not necessarily possible to complete all the loan application processes during this period. Chinese families cannot If you buy a house with a loan, you should finance the total purchase price yourself. Unlike applying for a loan immediately after buying a house, Chinese families purchasing second-hand houses in the UK must first purchase the house based on the price before they can apply for a loan. The following is a brief introduction to the basic process:
1. Basic assessment
After Chinese consumers provide proof of personal funds, income analysis confirmation, and identity documents, the relevant financial institutions will receive the materials. Finally, a basic assessment can be made to clarify the buyer’s loan credit limit.
2. House inspection
Before signing a house sales contract when buying a house in the UK, there is a third-party house inspection step (this stage cannot be omitted when buying a house in the UK). The home inspection report not only describes the quality of the house and other information, but also derives corresponding pricing, which will determine the final loan amount of the financial institution. The cost of the home inspection is usually paid by the customer.
3. Loan review and payment
After receiving the home inspection report, the bank can give the customer the final loan credit limit based on the pricing in the report and the buyer’s business conditions, and in accordance with the British The local annual loan interest rate is determined by signing a mortgage contract with the customer.
Time required: approximately 1-2 weeks. In the UK, bank loans can be directed to Pacific Power Supply Company (PPS). After the buyer’s criminal defense lawyer receives the payment, he will check it with the buyer’s account and then hand it over to the seller’s lawyer. These are the two major financial institutions of Pacific Power Supply Company (PPS). In business dealings between lawyers, it is important to understand the relevant laws and regulations, and the risks are relatively high. The length of the loan depends on the age of the elderly person, and the loan is generally available until the applicant’s 65th to 70th birthday. What tourist attractions are there in the UK?
1. London
London is the capital of the United Kingdom and the largest city in Europe. It has iconic engineering buildings such as Big Ben, the Tower of London, and Westminster Abbey. The British Museum, etc., are all landmark buildings in the UK. At the same time, London is also the center of global theater performances, plastic arts, music, literature, art and culture. There are colorful markets, shopping malls and various green and open indoor spaces.
London has a total population of 7.5 million, accounting for more than 12% of the UK's total population. London is home to more than 1.5 million people from other countries, speaking more than 300 different languages. More than 25 million visitors arrive in London each year via London's five airports, bus stations and Euronova superfast trains.
2. Edinburgh
Edinburgh is the capital of Scotland and the seat of Parliament. It is a professional city that combines youth and modernity, and a national capital that combines history and drama. In addition, there is a thousand-year-old castle and King Arthur's throne in the city center. Every December 31, Edinburgh, Scotland, celebrates the end of one year and the beginning of a new one with an exciting ceremony. Everyone gathers on Princes Street to sing, dance, drink whiskey, eat haggis, watch various performances and take part in the fireworks parade. Fireworks will also be set off from zero above the old town of Edinburgh.
Edinburgh has a population of approximately 500,000, of whom more than 60,000 are university students. The city attracts 13 million visitors a year, especially during the August festival season, and Edinburgh's total population may briefly surpass one million, making it the UK's second most populous city.
Every year from the end of June to the beginning of September, Edinburgh hosts many festival-themed activities, including movies, books, plastic arts, songs, TV, Jennyland, Edinburgh Military Tattoo, etc. The biggest one is the Edinburgh Fringe Festival, which is a large-scale global cultural and arts festival that covers completely free theatrical performances, songs, theatrical performances, and street performers. Basically the entire August is filled with this event .