At the 2019 UK General Elections, the Conservatives won a landslide victory against Labour, and has promised to usher in a new era of prosperity in the years to come. At the top of the “to-do list” is to push through with Brexit on 31 January 2020. So how will the upcoming changes affect UK’s housing market? Here’s what all property investors need to know.
More than 3 years ago, the UK voted to leave the EU. And the saga known as Brexit was born. Yes, you read right. It’s only been 3 years. Although for most parties with vested interests in the Brexit outcome, it must feel like decades. There have been multiple extensions to the Brexit deadline. Political drama aplenty. Most recently a UK general election in Dec 2019. So if you lost track of what’s been going on, it’s understandable. That’s why we’ll help you make sense of things with an analysis of key events that will shape the UK property market in 2020.
The great Brexit dilemma rolls on. When Prime Minister Boris Johnson proclaimed that he’ll deliver Brexit on Oct 31, “do or die”, there were hopes that this over-running drama would finally have a resolution. Unfortunately, Brexit has been delayed. Again. The latest deadline will be on January 31, 2020. For the moment, let’s ignore all the political rumblings going around. There’s enough of that in other news sources. Instead, let’s focus on what this latest delay means for UK property investors.
Buying an overseas property can be a double-edged sword. Purchase the right property, and it can be a high-value investment that provides good ROI. Purchase the wrong one, and you could be embroiled in a messy affair involving bad finances, legal uncertainty and constant distress. In order to protect yourself from that unwanted scenario, read this article to get up to date on 5 mistakes you must avoid when buying an overseas property.
To many Singaporeans, the term “property agent” usually comes with negative connotations. Pushy salespeople. Scammy methods. Con-men. Are those mostly unspoken allegations true? Perhaps in some cases, yes. Most times, no. But as the saying goes – truth is overrated, perception is reality. That’s why when One Global Property Services (OGPS) entered the market in 2017, they were faced with wave after wave of skepticism and criticism. “Yet another scam?” “Buy overseas property? Sure lose money!” Many people lumped OGPS together with unscrupulous property agents, and there were severe doubts about the validity of overseas property as an investment vehicle.
With the UK pound showing early signs of recovery, there’s no better time than now for investors to purchase a UK property. And in terms of strategic location, quality living and potential capital appreciation, Tottenham Court Road West (TCRW) stands head and shoulders above most other UK developments. At the TCRW Advantage Exhibition, you’ll discover all the facts, details and information that establish TCRW as one of the most investable properties in UK and London today. Definitely a must-attend for all Singapore property investors!