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Foreigners to buy house in UK?

Hi, I'm currently a student in UK, my visa ends next year September. As I have stayed in the UK for 2 years, I like this quiet and peaceful place. I'm interested to buy a house with a garden, and I don't need a mortgage. I don't need the house to be near the city center, my budget is around £50,000. It is best if the house is near a bus stop. As a foreigner, I'm wondering, can I really buy a house in the UK? After I buy the house, will that help me apply for a visa each year to visit my house?

Asked on Jul 5 2013, New Homes in Leicester | Report content

Answers (2)

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  • You shouldn't have a problem buying a house, but you may not get too much for £50k. Have a look on zoopla or right move for house values.

    Answered on Jul 22 2013, Report content
  • Hi Zheyuanhu, As mentioned above, there is no legal reason to stop anyone from buying a house in the UK if they live or are from overseas. Many people from other nations will buy in the more expensive cities across the country as a way to invest money for the future at the moment. You just need to make sure you take notice of issues such as taxation, both at home and in the UK. In terms of your budget, as mentioned above, you might struggle to be able to afford something of any quality for £50,000, so a mortgage might be in order. If you cannot afford this, though, your other option might be to look at a property auction. While homes sold there might need some work done to them, you can often get lucky and find a real bargain when buying in this way. Many thanks, Scott

    Answered on Jul 29 2013, Report content

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