Picture the scene – you’ve found the house of your dreams and now the time has come to get stuck in to the nitty gritty of transferring money and signing contracts…
Article written by The Overseas Guides Company
You are so close to owning the property that the last thing that you want to do is get excited and neglect to pay due diligence to these legal matters. Today, Richard Way, Editor of the Overseas Guides Company outlines three benefits of seeking independent legal advice:
“Here at the Overseas Guides Company we always recommend buyers seek independent legal advice when going through the buying process. Often, your agent will recommend a solicitor for you to use. Although this might seem like the easy option, they may have an agreement which means that they are looking out for each other rather than you. Although this is rare, employ someone independent to avoid this risk”.
“An advantage of seeking the services of someone local is that they will be familiar with the laws and regulations in that particular area and can guide you through the complex world of overseas property purchases”.
“No matter how good you are at speaking the language, chances are that when it comes to the fine print of a contract – there will be words and terms that you are unfamiliar with. To ensure that you 100 per cent understand what you are putting your name to, employ someone who speaks the language and who speaks good enough English to be able to communicate it to you”.
For more information about emigrating abroad, download The Overseas Guides Company’s free Emigration Guide.
When transferring money to your new home to pay for things like health insurance, you can save yourself money by enlisting the services of a currency specialist rather than going through your bank. To learn more about this, visit the Currency Zone.
The views and comments herein are those of the author and do not necessarily reflect the views or opinions of Rightmove Overseas, Rightmove Group Ltd or Rightmove Plc