MediaCityUK expansions
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Overview
The second phase of development at MediaCityUK in Salford, which will add up to 2,000 new homes.
Building/Community Amenities
- Bike Storage & Repair
- Business Center / Co-working Space
- Clubhouse / Resident Lounge
- Community Events
- Daycare Services
- Elevator
- EV Charging Station
- Fitness Center / Gym
- Gated Community
- Health Care
- High-Speed Internet / Wi-Fi
- Hotel
- In-Unit Laundry (Washer & Dryer)
- Jogging / Biking Trails
- Kitchen Appliances
- Laundry Facilities
- Meeting / Conference Rooms
- Near Public Transportation
- On-site Retail / Shops
- Outdoor Kitchen
- Park
- Parking
- Party / Event Room
- Playground / Kids Play Area
- Pool
- Private Dining Room
- Restaurant (On-site)
- Rooftop Deck / Terrace
- Spa / Wellness Center
- Sports Court / Facilities
- Sustainable / Green Building
- Waterfront / River View
Investment Insights
Legal & Ownership
Legal & Ownership Information
Ownership Structure
Ownership Rights
Full ownership rights (Freehold)
Foreign Ownership
Foreigners can buy property in the UK with no restrictions, enjoying the same rights as local buyers.
Tax Considerations
Property Taxes
Property taxes in the UK include Stamp Duty Land Tax (SDLT) on purchases, which varies depending on the property's value and buyer's status (e
Transfer Tax
Stamp Duty Land Tax (SDLT) on purchases, which varies depending on the property's value and buyer's status (e
Inheritance Tax
Capital gains tax applies to profits from selling property, with rates depending on the owner's residency status
Important Considerations
Restrictions
- Foreigners can buy property in the UK with no restrictions, enjoying the same rights as local buyers.
Required Documents
Financing Options
Financing Options
Financing in UK
The United Kingdom offers a range of property financing options for foreign buyers, making it an attractive destination for international investors. Typically, loan-to-value (LTV) ratios for foreign buyers range from 65% to 75%, allowing investors to leverage their property purchases effectively. The UK’s stable economic environment, coupled with competitive interest rates and strong legal protections for property owners, makes it a favorable market for mortgage financing. Additionally, the diverse property market, from bustling London to serene countryside estates, provides ample opportunities for investment.
Requirements for Foreign Buyers
- 1Valid passport
- 2Proof of income (e.g., tax returns, salary slips)
- 3Recent bank statements (typically 6 months)
- 4Credit history report
- 5Proof of employment or business ownership
- 6Deposit funds (usually 25% to 35%)
- 7Proof of address
Popular Lenders
Contact Information
0151 949 6000
info@peel.co.uk
Contact DeveloperMention property ID: MediaCityUK expansions when contacting.