Mal786

Generally 12 months worth of statements is sufficient, I have just been through the process

gottheTshirt

We have bought 3 properties in UK as cash buyers and have never had to prove the source of funds. It is your banks responsibility to check that you are not a crook. Nothing to do with anyone else. The agent and solicitor will want some assurance that you have sufficient funds.

War machine

Hi all

Can anyone recommend a good property agent and a lawyer in UK please? I am planning to buy my first but to let in the next few months.


Thanks

Pulaski

Both agent and lawyer are going to be local to the location of the house. Where are you looking to buy?

War machine

Still deciding but most likely Surrey, Middlesex or Gatwick.

What I want to know is if there are any specialised agents that deal with overseas investors or should I just do my search on Zoopla or mouse price and call up the agent to enquire?

sicklyman

I can only answer in regard to being a cash buyer.

You would do well to get your docs in order first. You'll need original proof of address (either in UK or overseas - utility bills will suffice) and proof of ID, usually your passport. The latter will need to be a copy notarised by a solicitor local to you if you're not planning on going to the UK to meet the solicitor. You'll also need proof of funds as this thread has discussed.

When you want to make an offer, you simply call the agent for the property. However, many will not accept an offer until you've viewed it. You can get someone to view it on your behalf though. the exception to this is auction properties but there are obvious risks there so read the small print.

Do let the agent know you are a British expat though. You might want to let them know that you are best contacted by email in case they insist on ringing your UK mobile number which may or may not work overseas for you.