Investing in UK Real Estate?
We have put together a handful of simple guides for overseas investors, highlighting the potential pitfalls, challenges and the solutions to investing in UK real estate. A list of the guides is shown below.
- Acquisition terms - The terms that apply to a sale and purchase of a commercial property asset and the various types of contracts available.
- Brownfield and Contaminated Land -The regulatory framework for contaminated land and the process of environmental due diligence which should be undertaken when assessing a site for potential investment.
- Construction procurement - The main procurement options that are available and the various contracts available to secure a development.
- Environmental liabilities, including waste, water and flooding - The main environmental compliance controls and the pitfalls to watch out for.
- Insurance Policies - Insurance cover effected either in the UK market or elsewhere for the acquisition of UK commercial property requires careful calibration with the UK contractual acquisition terms.
- Investment vehicles - Some of the possible vehicles and structures which may be used where an investor is considering an indirect investment.
- Lease expiry - The conditions which must be satisfied for a tenant to have security of tenure and how termination of a protected tenant may be enforced under the Landlord and Tenant Act 1954.
- Planning Permissions - The planning process and policies which must be complied with in order for a development to commence construction.
- Property tax, including rates, SDLT and VAT - A guide to the main UK tax considerations for a non-UK resident looking to acquire UK real estate as an investment.
- Transaction flow diagram - A pictorial representation of a typical investment purchase in England and Wales including key stages to be completed and indicative timelines.
- What does the lease not say - The elements that need to be considered including qualified covenants, break clauses, repairing covenants, and business rates.