Pre-Reservation
A formal reservation will be accepted from prospective purchasers provided that they have already obtained a mortgage 'Pre-qualification' from a lender. Our business partner International_Mortgage_Brokers can arrange this for you.

Reservation
A formal reservation form and an initial reservation deposit of £3000 will reserve your property for a period of 30 days to finalise the sales process. The balance of a 10% deposit will be required within 10 days of the initial reservation date.

Mortgage
If mortgage finance is required it could be arranged by either raising finance from a International Bank for the property or by capital raising by means of a remortgage on your UK property or assets. Again, our business partners International_Mortgage_Brokers can advise you on this.

Market appraisal
In most cases your mortgage lender will arrange for a market appraisal to be carried out as part of the mortgage application process.

Closing the sale
At the end of the 30 day sales process your mortgage will have been offered and your title work completed. A formal legal completion takes place and the keys of the property come into your possession. You are now the legal owners and free to enjoy your new Holiday home

International NI number
It is a legal requirement of most international authorities to have an NI number. This is the tax identification number issued to you by the tax authorities in the country of purchase.

Overseas bank account
You will need an overseas bank current account to enable you to pay regular utility bills and mortgage payments etc for your property.