How to buy property in London: a checklist for Turkish investors

London remains a premier destination for Turkish investors looking to diversify their portfolios and protect their wealth. With its transparent legal system, world-class universities, and a consistently high demand for rental housing, the UK capital offers a stable environment for long-term capital appreciation. Whether you are looking for a buy-to-let investment or a second home for your family, this checklist will guide you through the essential steps of the process in 2026.

1. define your investment goals and budget

Before you begin your search, it is vital to determine your primary objective. Are you looking for high rental yields, or is long-term capital growth your priority?

• Zone 1–2: Offers stability and prestige, popular among high-net-worth investors in areas like Westminster and Camden.

• Zone 3–4: Often provides higher rental yields (typically 5.0–5.6%) in regenerating areas such as Waltham Forest or Greenwich.

2. understand the legal landscape for Turkish nationals

The good news is that Turkish citizens can freely purchase both freehold and leasehold properties in the UK with no legal restrictions. You do not need a UK visa to own property, though you will need one if you intend to live in it. It is essential to choose a legal structure early on—most individuals buy in their own name, but some investors opt for a UK Limited Company for potential tax efficiencies.

3. secure expert financial and mortgage advice

While cash purchases are the simplest route, many Turkish investors successfully secure UK mortgages.

• LTV (Loan to Value): Eligible international investors can often access mortgages up to 75% LTV, meaning a minimum 25% deposit is usually required.

• Specialist Support: Because non-resident applications are more rigorous, it is highly recommended to work with Turkish speaking mortgage advisors in London. They can bridge the communication gap with lenders and help you navigate the proof-of-funds requirements.

EDITOR’S CHOICE: PROFESSIONAL GUIDANCE For complex transactions, having the right team is non-negotiable. Explore our curated list of Turkish speaking solicitors in London to find experts who specialize in international conveyancing and property law.

4. factor in taxes and additional costs

Budgeting for property in London requires looking beyond the sticker price. Turkish investors must account for:

• Stamp Duty Land Tax (SDLT): Non-UK residents generally pay a 2% surcharge on top of standard SDLT rates.

• Rental Income Tax: You may be subject to UK income tax on your rental profit, though there is often a tax-free personal allowance.

• Maintenance and Management: Factor in service charges (for apartments) and letting agent fees if you are not managing the property yourself.

5. the property search and due diligence

Once your finances are in place, start your search in hubs popular with the community. Enfield and Barnet are perennial favorites due to their established Turkish populations and excellent schools.

• New-Build Advantage: Many investors prefer new-build projects in areas like Newham for their 10-year warranties and lower maintenance costs.

• Surveys: Always arrange a professional home survey to identify any structural issues before exchanging contracts.

6. exchange and completion

Once your offer is accepted, your solicitor will handle the "conveyancing" process.

• Exchange of Contracts: This is when you pay your deposit (usually 10%) and the deal becomes legally binding.

• Completion: The remaining balance is transferred, and you receive the keys. Your solicitor will then register your ownership with the UK Land Registry.

Navigating the London property market as an international investor is an exciting journey. By following this checklist and leveraging the expertise of the local community, you can secure a valuable asset in one of the world's most resilient economies.