London doesn’t have the annual property taxes on held real estate that exist in the USA. There is a one-off stamp duty at purchase time. But if you buy a prope

London doesn’t have the annual property taxes on held real estate that exist in the USA. There is a one-off stamp duty at purchase time. But if you buy a property, you can hold it without further taxes. *there is something called council tax, but it’s usually minimal, eg £2k max in many outer London boroughs, and in he case of rentals paid directly by renters.