The UK has one of the most open property markets in the world, and there are no legal restrictions on foreign nationals buying property. Overseas buyers are free to purchase residential or commercial property in London and across the UK, whether for investment, relocation, or personal use. However, financing, taxation, and legal processes can differ from those for UK residents.

Property Ownership in the UK
There are two main types of property ownership:
• Freehold – You own the property and the land outright. This is common for houses, particularly outside London.
• Leasehold – You own the property for a fixed number of years but not the land it sits on. Most flats and apartments in London are leasehold.


When purchasing leasehold property, the remaining lease term is important. Properties with at least 85–90 years remaining are generally more attractive to lenders and future buyers.

Choosing Where to Invest

While London remains a popular choice for overseas buyers, cities such as Manchester, Birmingham, Liverpool, and Leeds often offer lower entry prices and potentially higher rental yields. Areas close to transport links, employment hubs, universities, and regeneration projects tend to perform well in both capital growth and rental demand. Mortgages and Finance for Overseas Buyers

Overseas buyers may apply for UK mortgages, although criteria are typically stricter than for UK residents:
• Deposits are usually higher, often 25%–40%
• Interest rates may be higher
• Lenders will require evidence of income, assets, credit history, and identity
• Proof of residency or visa status may be requested, although UK residency is not always required

Cash buyers may find the process simpler, but specialist mortgage advice can help identify suitable lenders for non-UK residents.

Legal Process

A UK solicitor or licensed conveyancer must handle the legal work, including property searches, title checks, contract exchange, and registration with HM Land Registry. On exchange of contracts, a deposit (usually 10%) is paid, and completion follows once all funds are transferred. Tax Considerations for Overseas Buyers

Stamp Duty Land Tax (SDLT)

SDLT applies to property purchases in England and Northern Ireland. Overseas buyers should note:
• An additional 2% non-UK resident surcharge applies
• A 3% surcharge applies to buy-to-let or additional properties
For example, buy-to-let or second properties are taxed at the following rates (including the 3% surcharge, excluding the 2% non-resident surcharge): • Up to £250,000 – 3%
• £250,001 to £925,000 – 8%
• £925,001 to £1.5 million – 13%
• Over £1.5 million – 15%
(Non-UK residents pay an extra 2% on top of these rates.)

Rental Income Tax

Under the Non-Resident Landlord Scheme, rental income from UK property is subject to UK income tax. Tax may be deducted at source by the letting agent unless the landlord is registered with HMRC to receive rent gross.

Capital Gains Tax (CGT)

When selling UK residential property:
• 18% for basic-rate taxpayers
• 28% for higher-rate taxpayers
CGT must usually be reported and paid within 60 days of completion. Allowable deductions include purchase costs, improvement costs, and selling expenses.

Property Management

Overseas landlords often appoint managing agents to handle tenant management, maintenance, compliance, and rent collection. Management fees are typically charged as a percentage of rental income.

Residency and Visas

Buying property in the UK does not provide residency rights. Overseas buyers intending to live in the UK must ensure they have appropriate visa or residency status. Property ownership alone does not qualify for settlement or citizenship.

Our Support

Lincoln Global can guide overseas buyers through the mortgage process and introduce them to specialist solicitors, tax advisers, and property professionals where appropriate. You are under no obligation to use any provider we introduce, and full details of any referral arrangements will be disclosed in advance.

Important Information

The information provided on this page is for general guidance only and does not constitute mortgage, legal, tax, or investment advice. Tax rules and legislation are subject to change, and the impact of taxation will depend on individual circumstances. We recommend seeking independent legal and tax advice before proceeding with any property purchase or investment. Mortgage availability, interest rates, and lending criteria are subject to lender terms and conditions, status, and affordability checks. Overseas buyer criteria may vary between lenders. Lincoln Global Ltd is authorised and regulated by the Financial Conduct Authority (FCA). We may introduce you to third-party solicitors, tax advisers, insurers, or property professionals. You are under no obligation to use any provider we introduce, and full details of any referral arrangements, including any fees payable, will be disclosed to you before you proceed.