How it Works

The process is straight forward. Here is an explanation of how it works;

1. If you register as a member with us, we will notify you via e-mail when there is a new investment opportunity.

Become a registered investor club member and receive “Hot property” news. Click here to register

2. If an investment opportunity looks interesting to you, you can request further information relating to that specific property.

3. If you wish to proceed with the purchase, simply complete the reservation form and e-mail it to us. Please ensure you have read and understood our Terms and conditions of business before doing so.

4. Next print off and sign the completed reservation form and pay the reservation fee (this is usually addressed to the developer). Sometimes this will be by credit card over the phone or by cheque.

5. Our associates are trying to move away from charging a finder's fee but in some cases, it will still be necessary. The fee is usually 2% of the list price unless stated otherwise. Write a cheque for the correct amount to; (we will advise you on the appropriate company/developer address).

6. Post the cheque(s) and the signed reservation form to our associates immediately to secure your selected plot.

7. Our associates will send you confirmation of your reservation and a receipt for the finder’s fee when the cheques have cleared.

8. If required, you can use our recommended mortgage advisors who will help you to find the best deal to fund your purchase.

9. You will need to instruct a solicitor. On many of our deals you will be required to use one of our associate companies approved solicitor. The reason for this is they are experienced in off-plan transactions; they will be familiar with the development and will help make the whole process smoother. Once appointed, they will of course be obliged to act on your behalf and in your best interests. Their fees will usually be in the region of £450 - £650 (which you will find is a very reasonable price). (If you purchase an individual overseas property that is not one of our true off plan developments i.e. retirement or holiday home for immediate possession we can assist also in recommending a suitable independent Solicitor).

10. The developer’s solicitor will send out contracts to you/your nominated solicitor.

11. Once you are in receipt of contracts you will have a fixed period (usually 28 days) to sign and return those contracts to the developer’s solicitors with any deposit being paid via your solicitor.

12. On exchange you are committing yourself to purchasing the property and the developer is obligated to sell it to you. If either party fails to complete they can be sued by the other.

13. You should keep up to date with what is happening with the development via the solicitor and make sure you are prepared for completion i.e. if you wish to flip the property you re-market it well in advance of completion. If you intend to complete on the property you must make sure you have your mortgage and any other finance in place.

14. Upon completion you will need to pay the balance of the owing (purchase price less reservation fee less deposit paid) along with any mortgage fees, stamp duty (if applicable) and legal fees.

15. The final step is to let the property or sell it. We can recommend who will help you furnish your property or let it out and manage it for you if required.

Please note:

Although the majority of our overseas investment properties are off plan you may request a property for immediate use i.e. properties that are purchased for a holiday or retirement homes (not recognised as an off plan deal) often have different terms of reservation and payment stages. Our transparency policy would keep you fully informed on the payment structure regarding each specific type of property.

Become a registered investor club member and receive “Hot” property news and information from The Overseas Investor Ltd and our associate companies; Click here to register