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Buying a house from an offshore company based in the British Virgin islands
tostaky
Posts: 130 Forumite
We found the house we love. Mortgage and survey done. Our solicitor, after reviewing information received from the sellers today told us they were not able to represent us.
Anyone has experience with a transaction like this?
Trying to get a sense of whether we should start turn to Zoopla once more or if with specialist conveyancy, we should be able to buy the house?
Thanks in advance
Anyone has experience with a transaction like this?
Trying to get a sense of whether we should start turn to Zoopla once more or if with specialist conveyancy, we should be able to buy the house?
Thanks in advance
0
Comments
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What exactly did your solicitor say? Are they just not able to cope with a foreign seller? It's hardly uncommon, particularly for commercial property transactions. You'll need the seller to get a foreign legal opinion, and your own solicitor to know what they're doing, but otherwise it shouldn't really be all that tricky. Probably beyond the scope of the normal conveyancing production lines though.2
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Only that they weren't able to assist us due to the international nature of the transaction. Email sent at 6.15 tonight so i have to wait for tomorrow to know more.
I cannot find anything on Google about this (but lots about buying as an offshore company)....0 -
Just phone around and find a more knowledgeable firm of solicitors.4
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