These include taking out insurance, setting up your utilities and carrying out any energy efficiency renovations. Insurance It’s strongly recommended to take out a home insurance policy starting from your completion date. It may even be a mandatory condition from your home loan provider. Setting u...
Buying a house is a big decision, and sometimes people have second thoughts. Whether you’re a buyer or a seller, you should know that it’s possible to back out of a real estate transaction. If you find yourself in this situation, keep your options open with contingencies, be confident ...
If you purchase a house, you will arrange your own buildings insurance. Completion The day of completion is the day you get your keys! On this day your solicitor sends your completion funds (which will mainly consist of your deposit plus your mortgage funds, which they will have drawn down...
Is House Insurance worth it? In order to answer this question, Homeowner’s must consider the expenses they incurred when buying, building and/ or decorating their home. They must also consider the costs they would incur in the event of any losses and/ or damages occurring on their property...
Before you start your house hunt, it can be useful to know a little about how the process of buying property works in Switzerland. One major difference between property purchases in the UK and Switzerland is the use of a notary. These are public officers who work for both buyer and seller...
The policy ensures that you have taken over the clear title to the house. That is not to be confused with the lender's title insurance, which only protects the money the bank lent you. A lender's title policy does not protect your equity in the home and does not protect you personally...
New properties which are unfinished obviously are paid for over the construction period, and all payments on account before finishing must be guaranteed, according to the BUILDING ORDENANCE LAW (LOE), LAW 38/1999, by a bank or insurance company: if the property is not finished by a certain ...
Speculators would buy "off plan" at a discount when a development was launched, before construction started. A couple of years later, as completion loomed, they would assign their contract to someone prepared to pay the new market price for the property, making a substantial amount of money ...
Has the owner been convicted for felony fraud before? Sued in a civil action by an agency like the FTC? A yes to either of those would be a red flag, even if everything else checked out. Perhaps the owner has a tax or corporate lien against him – how will that affect the business...
THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION If you are in any doubt as to any aspect of this circular or as to the action to be taken, you should consult a licensed securities dealer, bank manager, solicitor, professional accountant or other professional adviser. If you ...