London Real Estate ... 
If you plan to rent or buy an apartment or house in London, finding your property will be a major step in your relocation to London. If you have not lived in London, you should rent rather than buy your apartment in London
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London Real Estate Calculator
Finding a Home In London
If you plan to rent or buy a property in London, finding your property will be a major step in your relocation to London. If you have not lived in London, you should rent rather than buy your property in London, at least for six months. If you would like to rent or buy a real-estate property in London you may email us at webmaster@united-kingdom-travel-guide.de with your real-estate questions.


It is the best way to know not only if London is the place you want to live or retire for the next few years, but also if London is suited for you.

Apartments & Houses in London
If you are planning on living in London, it is likely that you will be living in an apartment/condo versus a house.

Please make sure that modern equipments, such as electricity and water should function to the maximum. Please double-check and make sure electrical outlets are located in every room and functioning.

Make sure you turn on the water and make sure that hot and cold water is functioning and flush the toilet, turn on the shower. Don’t count on real-estate agents in London to point out the negatives of a place they’re trying to rent or sell you.

London Agencies
Real-estate agencies in London advertise in local London newspapers and as well on their office windows.

You should be able to notice a real estate agency in London by the window full of ads for the different apartments or houses they have available for rent or sell in London.

Before you begin working with an agency in London, check that their fees are acceptable and that they are a member of the London Real-estate Assocation. In most rental agreements in London most agencies charge a month’s rent for a twelve-month rental agreement.

When selling a property in London, real-estate agents in London usually charge between 2.5% and 3% of the final sales price.
Monthly rent London:GBP
Monthly London rental insurance:GBP
Expected annual inflation rate in London:  %
Purchase price of property in London:GBP
Down payment amount:GBP
Length of London mortgage term (years):#
London Mortgage's annual interest rate:  %
Discount points on purchase of home in London:  %
Origination fees:  %
Other loan costs in London:GBP
Mortgage Insurance (PMI):  %
London Homeowner's insurance rate:  %
Monthly association dues in London:GBP
Average monthly maintenance of London property:GBP
London Annual property tax:GBP
London plus government income tax rate:  %
Interest rate you expect to earn on savings in London:  %
Expected percentage your London home will appreciate by each year:  %
Number of years you will stay in London:#
London Realtor commission rate:  %
Total estimated cost of renting a property in London:GBP
Total estimated cost of buying a property in London:GBP
After coming to an agreement on a rental or purchase, both parties in London sign the contract. However, it is not a legal agreement until the appropriate seals of the city of London with a tax stamp has been purchased and affixed to ther agreement. You have to make sure before finalising the lease or purchase that the official seal of London will be affixed to the agreement.

Renting
Real estate agencies in London are the safest way if you want to rent or buy a property in London. Please make sure they are a licensed agent in London and very familiar with the London property market.

Local newspapers in London also advertise apartments and houses for rent, but word of mouth is the best way in London. If you are currently an academic in London, you could check local at local universities in London, where apartments or rooms for rent are commonly posted.

In general rental rates in London, increase by a small percentage each year in accordance with the government’s annual cost of living reports in London. You can find yearly leases in London, and more short-term housing is available near academic institutes or around tourism areas within London.

Short-term tourist housing in London is fully furnished and most of the time fully equipped. If you have the budget, you could rent a serviced apartment in London.

If you want to buy a property in London, I would highly suggest you to have the property checked out by yourself and hire a lawyer in London to check how much debts the property has currently registered and if those numbers matched with the seller of the property in London.

If you are buying a brand new property, you’ll need to pay property tax in London. If your purchase is a luxury property, you may have to pay local taxes in London and possible stamp duty.

Even as a non-resident homeowner in London, you may become liable for all kind of taxes in London, including income tax.

London Mortgages
If you plan to take a mortgage in London you need at least a 20% downpayment of the purchase price of the property in London. Even if you generate rental-income from renting your London property out, it is not considered by most lenders as you may decide to move in, at a later time.

The London Real Estate calculator will help you to compare the costs of renting a house or condo in London to the costs of buying a house or condo in London. Since there are all kinds of forces at work behind the scenes such as the current interest in London, London property taxes, tax savings, appreciation in general to investments in London, comparing the cost of renting to the cost of buying in London is a lot more complicated than just comparing the monthly mortgage payment to the monthly rent payment.

The London Calculator attempts to forecast the net effects of all the hidden forces so you can make an informed decision before buying or renting a property in London.

Help Buttons: For pop-up explanations of any of the entry fields, click the radio button next to the description.

NOTE: Be sure to enter "0" (zero) in any entry boxes that don't apply to you. Also be sure that only numbers and decimal points are entered into the fields.

Property Types in London

  • London Multi-Family
    Traditional, multi-family residential complexes located in London and suburban markets of London.


  • London Mixed-Use
    Properties in London that integrate and combine residential with different uses, including retail and office spaces.

  • London Office
    Traditional office or office type properties in London.


  • London Retail
    Properties in London with a mix of tenants that meet the convenience needs of neighborhood residents, including video stores, grocery, and financial services companies within London.


  • London Light Industrial
    Single- or multi-tenanted spaces in London used for warehouse, manufacturing, distribution, or research and development in London.

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