High Value and Luxury Assets

Purchasing and Selling a Helicopter

Request a callback

Please enter these characters in the box

captcha

High Value and Luxury Assets >> Purchasing and Selling a Helicopter

If you regularly travel within the United Kingdom or make short hops across the English Channel for business or pleasure, purchasing your own helicopter can prove a cost effective way to manage your travel. Helicopters provide an excellent alternative to the car or train for regular business travellers. Notwithstanding the advantage of avoiding the delays resulting from the growing congestion on the roads, helicopter journeys also have the benefit of not requiring you to submit detailed flight plans. They can be used just as spontaneously as a motor vehicle.

If you’re thinking of purchasing a helicopter, our dedicated commercial lawyers will ensure the process is seamless.

Our Expertise

At Saracens, we have the necessary expertise.

Apart from the capital invested, prospective buyers must consider insurance costs, depreciation, scheduled maintenance and engineer’s reports. We can assist you with this, as well as the following legal processes:

  • Due diligence
  • The sale and purchase agreement
  • Warranties and indemnities
  • Insurance considerations
  • Finance
  • Tax planning
  • Landing permissions
  • Leasing arrangements

As many purchasers will be looking to fly the aircraft themselves, it is important before the purchase process has even begun that buyers carefully consider the type and model of aircraft they wish to purchase. This is because during pilot training, those buyers will be certified in the aircraft they spent the most time training on, even if it is not necessarily the helicopter they own.

Are You Selling?

If you are looking to sell a helicopter we can assist you with the negotiation process to ensure you get the right price. We can also advise on your obligations with regards to warranties to ensure the negotiations go smoothly. As a general point, be wary of ‘tyre kickers’ and insist the buyer puts down a holding deposit before you incur significant costs in the course of any sale.

To discuss selling or purchasing a helicopter, phone our London offices on +44 (0) 20 3588 3500 and talk directly to one of our lawyers. Alternatively, you can request a call back and we will be in touch at a time convenient to you.

We instructed Saracens’ litigation team in a sensitive matter in the hope that it would be…

Bob Paxman Chief Executive Talking2Minds
See All Testimonals

Saracens Blog
How To Buy A Racehorse

Ever wondered why horseracing is called the Sport of Kings? Well, one clue is how much money royalty bank from this pastime. Last year, it was reported that H.R.H. Queen Elizabeth II won nearly £7 million in prize money over the preceding 30 years. In fact, the whole British Royal family are horse fans; Prince Philip once quipped about his daughter Princess Anne, “If it doesn’t fart or eat hay, she isn’t interested”. It’s not just the British Royal family who adore the equestrian life. H.R.H. Princess Haya Bint Hussein of Jordan is a former Olympic show-jumper and past president of the International Equestrian Federation. As the owner of Raven’s Pass, […]

Read more
Bagging an Investment handbags and investment

Handbags and Investment We are all familiar with investing in art, bonds and stock, but it may come as a shock to know that over the past decade the value of the most sought-after luxury handbags has risen by an average of 8 % a year matching the annualised returns of the FTSE. So what should you look for when buying a handbag as an investment piece? Which brands are currently delivering the best returns? Three handbags that will make you money The top three handbags that are likely to provide you a with return on your investment (and have you looking fabulous at the same time) are: Hermes Birkin […]

Read more
Your Step By Step Guide To Selling A Yacht Selling A Yacht

Selling a yacht may seem like a daunting prospect…. Setting a price, marketing, advertising, broker terms and commission, contractual issues…etc all very complex and generally quite time consuming. Because we understand this sector better than most, to help you understand some of the basics, we have put together this easy to follow step by step free boat sellers guide to highlight some of the issues you need to weary of. Step 1 –Engage the Right Professionals When selling a yacht it is imperative that you enlist the right professionals to manage the transaction, including a lawyer who has experience dealing with this type of work. This applies to the purchaser […]

Read more