Since property prices in London are significantly higher than the UK average, buying a home in the city for living and investment purposes makes sense—especially if you have sufficient funds. While there are differences between the resale and new-build markets, the general principles remain the same.
As a reference point, it is advisable to have at least £400,000 available to finance a property purchase in London, which is typically the minimum required.
For a foreign buyer, purchasing a property in London usually takes around two months or longer, and the entire process begins with finding the perfect home. This is where Londra Estate comes in—especially for international (and local) buyers interested in new developments. You can explore all new-build properties in London, search by area or location, track price trends, and view available floor plans—everything a well-informed buyer needs for a smooth property search in the capital.
Next comes the reservation and administrative stages, which include independent property valuations and contract exchange. The final stage is signing the ownership documents and registering the property.
Throughout every step, both the buyer and seller are represented by legal professionals who assist with the entire process, including registration and the transfer of funds. This means it’s not necessary to open a UK bank account or physically move to the country—the entire transaction can be carried out remotely (we’ll explain this in more detail later).