Good lawyer ‘a must’ for overseas property purchases

Posted 22/05/2012

Having a good lawyer is a must for anyone looking into buying property outside the UK in nations such as France.According to Lindsay de Feliz, marketing manager at Expat Focus, this is one of the key factors to being successful in purchasing homes abroad.She explained this is due to the fact there may be local laws individuals need to be told about that could affect the inheritance tax they have to pay after their death.”Any contracts or paperwork not in English should be professionally translated in order that you fully understand what you are committing to and what you are purchasing,” said Ms de Feliz, who pointed out there may be laws foreigners buying homes need to be aware of as well.James Price, head of international residential development at global residential and commercial property consultancy Knight Frank, recently claimed being able to purchase a place in the sun is now a reality for many Britons.Posted by Matthew Cameron