Saracens Blog

Investing in property from overseas

Mortgage Solicitor in London

London is a cosmopolitan city and investing in property here is highly desirable. It’s a sound business choice, with the city’s buoyant markets and ample choice, not to mention its superb transport links to the rest of the world. If you are thinking of investing in property from overseas, it’s important to choose the right mortgage solicitor in London.

Saracens Solicitors has 15 years of conveyance and mortgage experience under its belt, having developed a highly professional and skilled team. Our partner conveyance team, headed by Fraz Butt, works regularly with property investors from many countries across the world. We have acted for high net-worth individuals as well has corporations, so we are well placed to handle investments from the Middle East to the Americas. Utilising all our knowledge of UK property law, we will ensure your sound investment and our good name.

Providing a service you can trust

We work to a high ethic, believing we build trust through understanding. In practice, this means our service is completely transparent from start to finish. You will have a single point of contact with a dedicated legal advisor. They will be on hand to answer questions and keep you up to date with any developments. As your mortgage solicitor in London, we offer a bespoke service that is responsive and accountable.

Since you are not based in the UK, you need a solicitor who will thoroughly conduct due diligence and advise you if there are going to be any complications. UK property law is straightforward; however, property chains can create complications and delays. Normally the process of due diligence through to deed transfer takes approximately 6-10 weeks. However, with chains, if part of the chain fails this can cause delays.

What is a chain and what can we do to avoid it?

If a property is occupied by the current owner and they can only vacate once their new home exchanges, delays can occur due to sales breaking down further up the chain. Although we can’t control this, we will, as your mortgage solicitors in London, keep you informed of every step we are taking and ensure you are ready to exchange as soon as the property becomes available.

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