0808 129 5758

Can a conveyancing lawyer help me with conveyancing overseas?

 
The past twenty years has seen a boom in overseas property purchasing by UK buyers, looking to take advantage of a strong pound and the significantly cheaper properties available in many foreign destinations. Indeed, a good sized family holiday home is often available for a fraction of the cost of a similar sized property in the UK, and with a potential for rental income when the property is empty, many view the purchase of overseas property as an investment for the future.
 
However there are horror stories out there, and with many investing their life savings in property abroad, the pitfalls are potentially very damaging. The key to avoiding these problems is to plan carefully. Information is crucial, and the internet is as good a starting point as any for finding out about the area you are looking to buy in. As well as doing your own research, it pays to take legal advice from a UK solicitor.
 
Many UK conveyancing solicitors now offer legal advice on purchasing property abroad. Some solicitors will have specific countries of expertise, such as France or Spain. Some solicitors may have tie ins with solicitors in the destination country, and will offer a liaison service between you and them, helping to ensure that legal work is done correctly and that you are well represented in the transaction.
 
To avoid costly mistakes, get the right legal advice early on. This can make the difference between a smooth transaction, and a costly one, where you are forced to make numerous trips to the prospective country to try to sort out a long list of issues. If possible, seek out a solicitor with experience in the country you are interested in, and with successful transactions under their belt. Try and talk to other buyers who have purchased in the same region to learn from their experiences too.
 
If you would like to obtain legal advice on conveyancing, Contact Law can put you in touch with a local specialist solicitor free of charge. So, if you have any questions or would like our help in finding local solicitors please call us on 0808 129 5758 or complete the web-form above.
 
 
 
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