reservation terms and conditions

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Download, complete and return our Reservation Form - CLICK HERE

There will be an arrangement fee of £995.00GBP + VAT for each property purchased or Syndicate investment through Property Finders N.I. Ltd payable prior to exchange of contracts, which is non refundable should the client decide for any reason not to proceed with the property purchase.

The £995.00+VAT arrangement fee will only be refunded to the purchaser should the developer withdraw from the contract agreement, however no interest on this amount shall be paid to the client.

Our arrangement fee covers the operation of our backup office together with expenses utilized during site inspections, due diligence research and the packaging of the investment deal with the relevant solicitor or notaire, lender and tax professional.

There will be a reservation deposit for each property purchased when reserving a property through Property Finders N.I. made payable directly to the developer, a client or escrow account. The reservation deposit is normally 5% for overseas investments and £2000.00GBP +VAT for UK investments, however this will vary depending on the developer and the relevant country were the property is to be purchased.

There will be a notaire or solicitor chosen by Property Finders N.I. for conveyance on certain properties and we would ask our clients to co-operate in using this service for efficiency and speed of the legal process.

There will be a nominated mortgage broker chosen by Property Finders for both overseas and UK property purchases and we ask our clients to co-operate in using this service as the lenders we work with offer us attractive benefits and reduced timescales.

The purchaser will need to have cleared funds available before exchange of contracts to cover both the deposit required to be paid to the developer, client or escrow account and the £995.00GBP +VAT arrangement fee payable to us.

In completing a reservation form and paying a reservation fee together with our arrangement fee, it will be signified that the client is agreeing to the terms and conditions of our company set out in this document and the client has read our legal disclaimer.

The purchaser needs to be aware that once in contract strict terms concerning the payment schedule together with the mortgage application and the signing of the deeds at completion require constant attention. If the deadlines which relate to the terms stipulated by the developer in the contract are not meet this will invalidate the purchase and result in loss of deposit monies paid. Note: we would ask that you do not proceed with any property investment unless you are willing to act in accordance with contract schedule and also have the necessary funds in place for use.

Overseas lenders provide in English the basic product terms of their mortgage offers only, full written English translations of total terms and conditions are not general practice. However should a client require these translations Property Finders will provide these through a 3rd party source at cost price with written quotations supplied.

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Michelle McIlroy regularly promote seminars throughout Northern Ireland were you can come along and view the property investment deals that they package for local investors.

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