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A Step By Step Guide To Your Property Purchase
Once you have decided on a property that you would like to purchase the following steps will take place.
Any fee's stated are approximate and subject to changes.
- Title deed check will be carried out at the Land Registery Office.
- A price will be agreed between both parties.
- Sales contracts will be drawn up at your estate agents for both parties to sign and agree.
- A deposit will be placed down to remove the property from the market.
- Tax Number will be obtained from the local tax office ( with the assistance of your estate agency).
- Bank Account set up for the purchase of the property.
- POA will be drawn up at the local notary office either to a lawyer or estate agency.
- Military checks will be applied for through the applicable Army Cost: TBA this cost varies from council to council.
- Before the title deed transfer takes place a check for oustanding bills should take place.
- On return of your Military clearence your title deed transfer will be prepaired at this point you will be liable for a 1.5% - 3 % purchase tax payment.
- On completion of the title deed transfer you will be required to register your title deed with the local council .
- Once you have recived your title deeds you should get make sure you transfer water, electricty into your name some charges will apply.
- Earthquake insurance should be obtained ( you can obtain quote through your estate agency).
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