Before buying second-hand: 3 checks
Checks before buying a second-hand apartment in a 30-second video
Video transcript
Before signing for a second-hand apartment: who really holds the rights? Check in an up-to-date Tabu extract. A name that does not match, or an owner who has died: deal with it before signing. What is registered against the property: a mortgage, an attachment, notes. An attachment requires clarification before money goes out. And who is authorized to sign: an apartment in an estate needs an order, and sometimes court approval.
Full explanation: 12 checks you must make before signing a sale agreement. The full checklist before signing a sale agreement for a second-hand apartment: Land Registry extract, charges and attachments, building file and unauthorised construction, betterment levy, debts, purchase tax and security.
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Purchase tax on an apartment: 3 things to knowNot sure the deal is safe? Let's start with a conversation
In an initial conversation we will go over the property, the other party and the payment schedule, and tell you what needs to be checked before you sign.