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Saving You Money

At Hollingworth and Associates, we aim to provide you with all the solutions you need to invest or buy abroad safely to ensure your enthusiasm remains, without the expense of making mistakes.

It's easy to get swept up in the excitement of investing abroad, whether it's for capital growth, rental income or all the wonderful times you could spend in a beautiful holiday home.

Bad decisions in property abroad can be very costly. What looks like a good investment in principle can be very different in reality if you don't carry out all the right checks.

Here are the Top 20 questions worth asking yourself:

1. How do I decide where's best to invest? - not only which country, but which region?

2. How do I find the right property?

3. What kind of place should I get? What kind of place do I want?

4. How much should I spend?

5. Which estate agents should I trust?

6. How can I be sure the Title Deed is clean?

7. Where do I find a good solicitor? And how can I trust they won't disappear with my money?

8. When will I find the time to go and look for property?

9. What is the process of buying property in that country?

10. How long will it take to buy a property in my chosen destination?

11. How can I be sure my pre-contract deposit is safe?

12. Has this deposit sufficiently secured the property and avoided the possibility of being gazumped?

13. Should I set up a Limited Company or buy a property as an individual?

14. And if I need to buy through a Company, how do I do it and how much will it cost me?

15. If I don't speak the language, how much will it cost me to hire a good translator to ensure that those acting for me are doing the best job?

16. Can I get a mortgage and what's the best way to do it?

17. What are the most efficient tax structures for me?

18. How easy will it be to rent my property out? And how much rent do I need to cover my outgoings?

19. Who will maintain my property for me when I'm not there?

20. Where do I start with all the phone calls, paperwork and places to invest?

It's no surprise this very basic list stops the majority of people from making great investments. So we're here to get you over that hurdle and help you to move forward.

 

 

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