UK Step by Step Guide
Set out below is the typical buying process and timings from reservation through to completion.
|Reservation||Once you have chosen the investment unit you would like to buy, you will need to sign a reservation document.|
|Deposit||At the time of reservation you will need to make a deposit payment directly to the developer. The amount required varies depending on the developer but can range from £500 to £5000.|
|Solicitors||You will need to instruct a solicitor to act on your behalf. We can help you with this and in many cases can put you in touch with a firm that has experience with this type of investment property.|
|Payment||Payment terms will be specific to each development and your personal investment specialist will be on hand to guide you through the entire process. Generally, payments are made in 2 or 3 staged payments according to the completion date of the development. In every case the funds go directly to the developer via your appointed solicitor.|
|Completion||Your solicitor will inform you and forward the relevant documents pertaining to ownership of your investment unit. The Goldsquare aftersales team will assist in the hand over to the management company (where applicable) and of course be at your service should you have any queries or questions after completion.|