A non-resident surcharge is required to be paid by overseas buyers. It is an additional SDLT surcharge on top of standard rates. We can walk you through exactly what this means for your purchase.
Protect your investment with 60+ years of experience
Buying property in an overseas market involves real financial responsibilities. At Benham & Reeves, we help clients across Turkey understand every cost involved. From the tax you pay on day one to the return you will file years later. We can be one team, one point of contact - start to finish.
What you pay when you buy
Stamp Duty Land Tax (SDLT) is the main tax you will pay when buying property in England and Northern Ireland. The amount depends on the property price and your buyer status.
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A UK-based solicitor charges legal and conveyancing fees to handle the legal transfer of ownership. Budget for this separately from the property price.
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Currency exchange can cost you if you move funds from TRY to GBP at the wrong time or through the wrong channel. We guide you on managing this transfer efficiently.
Hassle-free tax filing
Owning UK property as a non-resident means staying compliant with HMRC. Our Tax Return Service takes this off your plate. We help you:
Register for the Non-Resident Landlord Scheme.
Prepare and file your annual UK tax return.
Identify deductible expenses, like management and maintenance fees, to keep your tax position efficient.
Dedicated support for your global portfolio
Face-to-face consultations: We host regular events across Turkey where you can meet our team in person to talk through your specific tax questions.
One-stop solution: We don't stop at the sale. We manage the letting, the maintenance and the tax reporting too.
Proven track record: Decades of experience means a straightforward, headache-free investment journey for our overseas clients.
Speak with a London property expert, wherever you are in Turkey
Let's build a clear financial roadmap for your London property purchase.