Basicly i need legal advice, what are the laws regarding foreign nationals buying property in england?

family and friends are interested in buying property to renovate and resell in this country, not sure of the legal issues. we are talking cash buying, not mortgage. although interested where we would stand with mortgages too... if anyone can help it would be greatly appreciatedBasicly i need legal advice, what are the laws regarding foreign nationals buying property in england?
I am a foreign national in the UK and I own property. There is no restriction whatsoever to owning property if you pay cash (then there is no problem at all as long as the property purchased is not deemed a national asset and commercial as other laws apply).





You do not say if your family/friends are planning to be RESIDENT in the UK for the duration of the renovation or are already...





If they were not resident in the UK then it would be difficult to get a mortgage as these are given by banks and other moneylenders and they require guarantees beyond the ability to repossess the house! This may be easy enough to overcome in the event that a regular salary can be paid into an UK account and a letter from the foreign employer is available. References do work inter-nationally too!





It also helps to be a national of one of the EU countries as your family/friends have more rights to BE in the UK in the first place.





Notably- British subjects can now purchase property in almost any other country in the world so it stands to reason that it is possible to also permit an influx of other nationals into the UK, providing they are permitted to be here (assumptions are made that if one buys one plans to live there) in the first place.





Nice to hear of folk wanting to purchase IN the UK instead of heading OUT of it, once in a while!





Good luck!Basicly i need legal advice, what are the laws regarding foreign nationals buying property in england?
I am no lawyer so you need to get proper advice. But it shouldn't be a problem to buy property and sell it. That is investment into the country. BUT when it comes to mortgages you wouldn't get one. You have to be a british citizen OR living in the country for a certain period (5 yrs I think)