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  Property Outside The UK

Buying Property Within & Outside The UK :

Promising Developments can also search for property in other areas of the UK or abroad. If there is a specific area within the UK that you are interested in moving to, our services can be tailor made to suit your preferred town or city.

Having spent many years in the airline/travel industry prior to investing and developing property, George MacDuff built up a network of overseas contacts that together work hand in hand in acquiring and disposing of property worldwide.


Buying a property abroad :

Buying property abroad is more popular than ever, with increasing numbers of people following their dream in purchasing a holiday home, a buy to let, or moving lock, stock and barrel to the sun.

Promising Developments will protect your interests and make the purchase of your new home a stress free experience. We only negotiate with established contacts that are officially registered and hold a licence.

We will ensure you have a good lawyer with an excellent command of English and the native tongue, to deal with the endless stream of rules and regulations. For instance, did you know that if you're buying in Spain you'll need to make out a will in Spanish before buying, or that you can inherit debts from a previous vendor ?

Costs :

We will research all legal issues and costs involved.

We will appoint a solicitor/lawyer to advise and assist you.

Before you have decided on a property it's important to be fully aware of the legal process and costs involved in your purchase.

Obtain professional advice and check your finances, taking account of these additional costs.

Be well prepared with your finances; taxes can be high when buying.

Set up a direct debit from a native bank account to pay for bills.

Be careful not to miss payments and read those red letters; foreign banks are not lenient with those who don't pay up in time.

If you're considering renting out the property when it's empty, bear in mind that advertising in the UK for a property abroad could result in tax demands from both the English and foreign authorities.

Making an offer :

We will assist you in making your offer in writing if possible (of course, subject to contract), and include not only the price, but also the amount of deposit, when you're prepared to pay it, when you're prepared to complete, what you understand to be included in the price (for example furniture and fittings if applicable) and, an often neglected point, that all machinery equipment and installations are in normal working order.


   

George MacDuff
Founding Manager of Promising Developments, find out more about him
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