Buy a investment property for my niece

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    Buy a investment property for my niece


    Is it possible to buy a Buy To Let property for my niece?

    My situation - I am a UK citizen and reside in the UK and pay all my taxes in the UK. I want to buy a property for my niece but she is a non-resident in the UK. We do not require to take a mortgage as I would be buying the property cash. Is this possible? Can anyone point out any links where I can read about it?

    I believe that this can be done but I would strongly advise that you consult a solicitor as clearly for some there is a mistaken belief that ownership of a UK property might after a period of time enable the owner to apply for UK citizenship, I think if there was such a loophole it has been closed.
    As this is a cash purchase that is a positive element since applying for any mortgage would require such a person to have permanent right to reside or indeed has resided in the UK under license.


      But since it's a cash purchase, there should not be a case of "residing in the UK"? These days there are many foreign landlords who just let their property but live some where else themselves?


        I have tried to be constructive in my comments so I can only restate my advice, speak with a good solicitor and he will advise you accordingly.
        No further response will be made.


          The information relating to foreign buyers of UK property can be found by searching on the internet ( see example below ) :


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