Services

There are many legal issues that investors are faced with when purchasing property overseas and it is essential that you take good reliable legal advice from a renowned property lawyer. In many of these markets you will have to use a local lawyer and Cornhill Property Investments are here to provide you with the best law professionals for each market.

Cornhill Property Investments have teamed up with one of the leading property law firms in the UK 'The International Property Law Centre'. Their knowledge of the emerging and high growth property markets is first class and this is invaluable to the Cornhill Property Investments ethos and business model.

Our lawyers will advise which legal structures best suit every client's requirements; advise how to minimise your tax liabilities, both in the UK and in all the overseas countries we deal with; advise how to avoid or deal with any inheritance problems and also arrange the work needed to transfer the legal title safely into your name.

International Property Law Centre

If you are planning to buy a property abroad or even just thinking about whatever investment it may be, you must bear in mind that the foreign property market is currently a Seller’s market.

The International Property Law Centre will help you avoid the pitfalls and risks associated with buying a home abroad, which is considered to be one of the largest financial transactions you may ever undertake.

Whatever type of home or investment you decide upon, there are certain safeguards you should take to make sure your dream purchase does not become a nightmare.

Purchasing property abroad is no more complicated than buying in the UK. One of the most common mistakes is to assume that the purchase procedures are the same as in the UK. Not true, failure to take basic advice can result in disastrous financial losses.

Unfamiliarity with the language is what complicates matters. A specialist at the International Property Law Centre can translate and interpret all documentation and lead you through a maze of intricacies from the initial contact with Cornhill Property Investments to the placing of the Deposit, understanding the Contract, amending it if necessary to safeguard your interest, drawing up a Power of Attorney if you are unable to be there at the final signing ceremony with the Notary, and the checking over of the Searches and the final Conveyance document transferring ownership of your new home to you.

The most important tip is to have a well-informed independent legal advisor, and one who can speak both English and the language of the Country in which you are purchasing.

Your expert should advise upon how to purchase the property and in what capacity, the need to make a Will after the purchase has been completed and ensuring that the property is registered at the Land Registry in the correct manner.

You should also take advice on residency and type of property ownership similar to our Joint Tenancy and Tenancy in common.

Your expert will raise general and specific enquiries in relation to the property and deal with aspects such as how much should be declared in the Deed of Sale and whether you should be proceeding by way of reservation/option Contract, or a full preliminary Contract.