International · 🇬🇧 United Kingdom
New-build homes in London and across the UK.
New-build homes in London and across the UK, shown with indicative AUD pricing. Enquiries are passed to Elite Property DXB's licensed local agency partner.
United Kingdom — at a glance
Buying in the United Kingdom: the basics
General information only. Rules change; confirm them with a UK solicitor and your own tax adviser.
+2%
Non-resident SDLT surcharge
England; plus 5% if you already own another home
Leasehold
Title structure
Common on new-build flats; freehold for houses
GBP
Pound sterling
Prices shown with indicative AUD conversion
What the structure looks like
Owning property in United Kingdom as an Australian resident.
UK title is typically leasehold for new-build flats, with annual ground rent and a service charge, and freehold for houses. Non-UK residents pay a 2% surcharge on top of standard Stamp Duty Land Tax in England, plus a further 5% if they already own another home. Rates differ in Scotland and Wales. Solicitor and survey fees apply.
Australian tax residents are generally taxed on worldwide income, including UK rental income. The Australia–UK tax treaty can reduce double taxation; a tax adviser can explain how it applies.
Buying in United Kingdom
New-build homes in London and across the UK, shown with indicative AUD pricing. Enquiries are passed to Elite Property DXB's licensed local agency partner.
Highlights
- Leasehold and freehold titles
- Established lettings and management market
- Prices in pounds, shown with indicative AUD conversion
Ownership
Leasehold is common for new-build flats; houses are usually freehold. Leasehold homes carry annual ground rent and a service charge.
Acquisition fees
Non-UK residents pay a 2% surcharge on top of standard Stamp Duty Land Tax in England, plus a further 5% if they already own another home. Rates differ in Scotland and Wales. Solicitor and survey fees apply.
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