27 Mar UK vs EU Home ownership
The landscape of home ownership in the UK has undergone significant transformation since Brexit. This change has not only impacted domestic policies but has also altered the way UK property markets interact with EU regulations. In this post, we will explore how these changes have influenced home ownership trends and highlight how Home House Buyers, with its extensive database of property investors, is uniquely positioned to assist clients in navigating this new terrain.
Post-Brexit Legal and Market Changes
One of the most immediate changes post-Brexit has been the cessation of automatic rights for EU citizens to live and work in the UK. This has led to a potential decrease in demand from EU nationals seeking property in the UK, particularly for residences as opposed to investment opportunities. However, this has been counterbalanced by the UK’s introduction of new points-based immigration systems, which aim to attract skilled workers from both within and outside the EU.
For UK citizens looking to buy property in the EU, the process has become more complex. EU member states now treat UK nationals as third-country citizens, which can entail more stringent property ownership laws, potentially higher taxes, and longer administrative processes. Countries like Spain, France, and Portugal have specific regulations that can vary significantly from the UK, affecting Britons who wish to buy holiday homes or settle permanently.
Property Investment Opportunities in the UK
Despite the upheaval, the UK remains a robust market for property investment. The withdrawal from the EU has allowed the UK to tailor its housing laws and financial regulations to better suit its market, making it a favourable environment for investors. Areas of growth include the rental market and luxury residential properties, particularly in major cities like London, Manchester, and Birmingham.
Our sister company Mooved UK Ltd plays a crucial role in this context. With our extensive database of property investors, we have the capabilities to match properties with the right investors efficiently and effectively. Whether it’s identifying potential rental properties that offer high returns or navigating the complexities of investing in luxury markets, Mooved UK Ltd is perfectly equipped to support both domestic and international clients.
How Mooved UK Ltd Can Assist
At Mooved UK Ltd, a sister company to Home House Buyers, we understand that the key to a successful investment lies not just in purchasing a property, but in acquiring it at the best possible value. We specialise in sourcing below market value (BMV) properties, which allows our clients to maximise returns from the outset.
Access to Below Market Value Properties
Mooved UK Ltd, in collaboration with Home House Buyers, has established robust connections across the UK. These relationships enable us to offer our clients exclusive access to properties at prices below their market value. These properties come from various channels, including:
- Distressed Sales: Properties sold under market value due to the seller’s urgent need to liquidate assets.
- Auction Properties: Homes acquired at competitive prices through auctions.
- Repossessions: Properties repossessed at a reduced price to recover the outstanding mortgage.
Our expertise in these areas means that investors can access deals that might otherwise be unavailable on the open market, ensuring a head start in maximising potential returns.
Building a Lucrative Property Portfolio
Investing in BMV properties can significantly enhance the profitability of an investment portfolio. Here’s how Mooved UK Ltd, with support from Home House Buyers, assists investors in this process:
- Strategic Diversification: We guide investors in diversifying their investments across different property types and regions. This strategy not only spreads risk but also capitalises on different growth rates and rental yields in various parts of the UK.
- Renovation and Value Addition: Many BMV properties offer the potential for value addition through renovations and refurbishments. Mooved UK Ltd provides access to trusted contractors and oversees projects to ensure that any enhancements are cost-effective and substantially increase the property’s value.
Success Stories
Our approach has enabled numerous investors to thrive. For instance, one of our clients began their journey with a single BMV property and, with our ongoing support and strategic advice, has grown their portfolio to include multiple properties across several UK regions, achieving significant capital growth and rental yields.
Another success story involves an overseas investor unfamiliar with the UK market. Through our comprehensive service, they were able to invest in a series of BMV properties, maximising their budget and building a profitable portfolio that is managed entirely by Mooved UK Ltd, yielding consistent returns and minimal hassle.
Mooved UK Ltd, in partnership with Home House Buyers, is not just a property consultancy; we are partners in building wealth. Our access to below market value properties provide a foundational advantage for our clients. In the ever-evolving landscape of UK real estate.
Whether you are a seasoned investor looking to expand your portfolio or a new entrant to the property investment scene, Mooved UK Ltd offers the resources, expertise, and opportunities to help you succeed in achieving your investment goals.