Investment Property in the UK - great opportunity to purchase an investment property in a key location in South West England.
The United Kingdom of Great Britain and Northern Ireland (commonly known as the United Kingdom, the UK or Britain) is a sovereign state located off the north-western coast of continental Europe. The country includes the island of Great Britain, the north-eastern part of the island of Ireland and many smaller islands. Northern Ireland is the only part of the UK that shares a land border with another sovereign state—the Republic of Ireland. Apart from this land border the UK is surrounded by the Atlantic Ocean, the North Sea, the English Channel and the Irish Sea.
The UK is a developed country and has a large economy by world standards and was the first industrialised country and the world's foremost power during the 19th and early 20th centuries. The UK remains a great power with leading economic, cultural, military, scientific and political influence. The UK has been a permanent member of the United Nations Security Council since its first session in 1946; it is also a member state of the European Union, the Commonwealth of Nations, the G8, the G20, the OECD, the Council of Europe, the World Trade Organization, and NATO.
There are currently numerous ways to invest in property in the UK ranging from REITs, which originated in the North American market place, SIPPs which have some advantges when buying a second property - SIPP is an investment means for holding pension assets and allows the investor to possess a wide range of investments, from unit trusts and investment trusts, to commercial investment property, insurance company funds and stocks and shares.
On the whole, SIPP’s are viewed as beneficial in that they allow the investor control of where to have their savings invested back to them. However, the shrewd investor should be wary not to use their SIPP for buying their main property. Capital: London
Government: Constitutional monarchy and parliamentary democracy
Currency: Pound sterling (GBP)
Area total: 244,820 sq km
water: 3,230 sq km
land: 241,590 sq km
Population: 60,441,457 (July 2006 est.)
Language: English, Welsh (about 26% of the population of Wales), Scots (mostly spoken in the Lowlands of Scotland) Scottish form of Gaelic (about 60,000 in Scotland), some speakers of the Irish form of Gaelic in Northern Ireland
Religion: Anglican and Roman Catholic (66%)- Roman Catholics are about 10% of the population and rising, Muslim (2.5%), Presbyterian (1.3%), Methodist (1.3%), Sikh (0.6%), Hindu (0.9%), Jewish (0.4%), Buddhist (0.25%), no religion (15%)
Electricity: 230V, 50 Hz
Calling Code: +44
Internet TLD: .uk
Time Zone: summer: UTC +1 winter: UTC |
