Everything an overseas buyer needs in one page: why London, the six steps from reservation to handover, what stamp duty and the other costs really are, and 14 developments from £335,000. Al Mithaq Real Estate is an authorised broker for London Square, an Aldar company.
Updated September 2026London property is priced in pounds, protected by English law, and open to overseas buyers with no residency requirement.
Apartments here come on 999-year leases. Several developments offer freehold houses.
Students, professionals and families rent in every one of these areas. Two of our ready buildings estimate yields above 6%.
Many Gulf families already spend the summer in London or have children at university there. A home replaces years of rent.
You can do every step from your home country. We stay with you from the first call to the keys.
Tell us your budget, area and purpose: family home, study years, or rental income. We shortlist from the 14 developments and send plans and prices.
A reservation fee holds the home and takes it off the market at the agreed price. The amount is set by the developer and is part of the price, not extra.
Your solicitor checks the contract and the lease, and carries out identity and source-of-funds checks. We introduce solicitors who work with Gulf buyers every week.
About 21 to 28 days after reserving, you sign and pay 10% of the price. From this moment the purchase is legally binding on both sides.
For homes still being built, some developers ask for a further payment during construction. Example: London Square Woolwich is 10% now, 10% after a year, 80% on completion.
When the home is finished you pay the balance, from savings or a mortgage, and the home is registered in your name at HM Land Registry.
A completed home can be yours in six to ten weeks from reservation. A home under construction is reserved now and completed when the building is finished, which for our current developments is between this year and the end of 2028.
Beyond the price of the home, plan for the costs below. We calculate the exact figures for your home before you reserve.
A government tax paid once, when the purchase completes. It is charged in bands, so each slice of the price is taxed at its own rate.
| Part of the price | Standard rate |
|---|---|
| Up to £125,000 | 0% |
| £125,001 to £250,000 | 2% |
| £250,001 to £925,000 | 5% |
| £925,001 to £1.5 million | 10% |
| Above £1.5 million | 12% |
Bought by an overseas buyer who already owns a home in their own country.
| Standard stamp duty | £15,000 |
| Non-resident surcharge, 2% | £10,000 |
| Additional home surcharge, 5% | £25,000 |
| Total stamp duty | £50,000 |
Rates published by the UK government (gov.uk), checked 19 September 2026. Rates can change; your solicitor confirms the figure for your purchase.
Yes. There is no restriction on overseas buyers and no residency requirement. You need a passport, proof of address and proof of the source of funds for the solicitor.
No. Reservation, solicitor checks and contract signing can all be done from your home country. We arrange viewings when you are in London, or a video tour.
Usually a reservation fee, then 10% of the price when contracts are exchanged, about four weeks later. Each developer's plan is on the project page.
Some UK and Gulf banks lend to non-resident buyers, typically up to 60 to 75% of the value. We introduce you to a broker.
Stamp duty is charged in bands from 0% to 12%. A buyer who does not live in the UK adds 2% on the whole price, and a buyer who already owns a home anywhere adds a further 5%. On a £500,000 apartment that is about £50,000 in total.
Apartments in London are sold on long leases, here 999 years. Houses in several of our developments are freehold. New leases granted since June 2022 carry no ground rent.
Yes. A letting agent can find tenants and manage the home. UK tax on the rent is handled through the Non-Resident Landlord Scheme.
London Square has built homes across the capital since 2010 and is owned by Aldar, Abu Dhabi's largest developer. Buying through Al Mithaq means first access to new launches, developer prices, and one team that handles the viewing, the reservation and the paperwork with you, in Arabic and English.
London Square · an Aldar companyEach project has its own page with pictures, details and a registration form.
New launchA 36-storey tower of 277 one and two bedroom apartments between Battersea Power Station and Vauxhall, three minutes' walk from Nine Elms station. Register now to choose before the public.
Selling nowA revitalised London landmark of one to three bedroom apartments and penthouses, with floor-to-ceiling views of the Houses of Parliament, the London Eye and the Shard.
Selling nowThe historic County Hall estate reborn: heritage residences and the new Ebbstone House, from suites to three-bedroom duplexes around gardens, 30 minutes by train to central London. 999-year leases.
Selling nowA gated garden enclave in West London: five restored Victorian buildings of one to four bedroom apartments, duplexes and freehold mews houses, between Kensington and Hammersmith.
Selling now123 suites, one and two bedroom apartments and penthouses two minutes from Wimbledon station, above three floors of gym, co-working, lounges and dining. A mile from the All England Club.
Selling nowThe Malthouse, the final phase: one to three bedroom apartments around a gated courtyard, twelve minutes' walk from London Bridge, with a concierge, gym and roof terrace.
Ready to move inA completed 21-storey tower opposite West Croydon station. The final one and two bedroom apartments, each with a winter garden, ready to move into or to let. Estimated yields up to 6.6%.
Ready to move inA completed collection of one to three bedroom apartments, garden duplexes and penthouses around a private landscaped square, two minutes' walk from Earl's Court station.
Ready to move inFreehold three and four bedroom mews houses on the banks of the River Crane, with private gardens and parking, in one of the Sunday Times best places to live 2025.
Ready to move inOne and two bedroom apartments and three bedroom townhouses around a landscaped garden square, nine minutes' walk from Twickenham station. Every home has outdoor space.
Ready to move inRed-brick freehold houses of three to five bedrooms and apartments of one to three, on the edge of the new 32-acre Springfield Park. Most are built and ready.
Under constructionOne and two bedroom apartments six minutes' walk from the Elizabeth line, with a roof terrace over the Thames. Payment plan 10% now, 10% after a year, 80% on completion.
Ready to move inA completed 28-storey building of Manhattan, one and two bedroom apartments by Arada London, eight minutes' walk from Wembley Park station. 999-year lease.
Under construction172 apartments by Arada London rising directly above Swiss Cottage Underground station. Oxford Street in eight minutes by Tube. Completion Q4 2028.
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