Independent legal advice is essential for overseas property purchases
Have you found an independent lawyer yet?
Buying an overseas property can be fraught with potential problems unless you take Independent advice from a lawyer who has no ties to the agent/developer/seller you are purchasing from and this could you save you £1,000s in the future.
Below we have listed links, by country, to companies we have worked with in the past and who have offered both a professional and personal service.
As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments. Simon Conn is registered under the approved persons regime with the Financial Conduct Authority under individual reference number SLC00026. Please note, that the FCA does not regulate all forms of mortgage activity. It is important to note that Buy-to-Let Mortgages (unless more than 40% owner occupied), Commercial Mortgages and mortgages secured on property outside the UK are not covered by statutory UK regulation. If a mortgage is denominated in a currency other than your home currency, there is a risk that changes in the exchange rate may increase the equivalent value of the debt in terms of your home currency.
We will provide you with a free initial consultation and we will always explain exactly what you will be charged before you choose to proceed with an application. As we offer a bespoke service our charges can vary and the actual amount payable will be shown on any eventual quote and will depend on the country where you require finance, who arranges the finance for you, plus your personal circumstances and loan requirements. It is important that you seek independent legal and taxation advice on any property that you are going to purchase.