Many of the Gregg Hall Golf Club members have expressed the desire to own a beautiful second home in the sunshine, in places such as Spain, Portugal and Dubai, in order to enjoy the sunshine lifestyle and the ability to play golf year round.

Because the process of buying your dream home can be difficult, risky and extremely stressful, we thought that we could provide a terrific service to our members that would make the sunshine home purchase a much more attractive proposition.

The Gregg Hall Property Service has been established to help our members by providing them with an expert in the overseas property market who will assist them in all aspects of the proposed purchase. The service is entirely free to Gregg Hall members and is designed to remove the difficulties and risk associated with buying your dream home in the sunshine.

The Gregg Hall Property Service will;

·         Identify the correct property, for you the buyer, in the correct location

·         Provide the optimum financing solutions

·         Complete the purchase using trusted legal firms

You can therefore look forward to the home of your dreams in the sunshine, without the risk that is normally associated with such purchases.

Feel free to call or email us to discuss your requirements and we will ensure a professional and efficient process to completion and beyond.

Potential Pitfalls of Buying Overseas Properties

When considering an overseas property purchase, you need to be aware of the pitfalls awaiting unsuspecting and trusting buyers, in a very competitive, and at times, unethical marketplace. There are frequent press articles about people who have experienced problems such as;

Land-Grab Legislation

Buying houses with land, only to find that arbitrary land grab legislation takes their land away from them. This has left many Britons financially destitute, and in some instances resulted in the loss of their homes.One case that we are aware of was when a very well known property agent (who run constant exhibitions, national newspaper advertising and have a strong internet presence,) knowingly sold such a property to an unsuspecting British couple, knowing they would face hefty financial penalties for such a purchase. The most disturbing aspect of this case, was the fact that when challenged by the purchasers, the agent then offered to sell it on for no commission!

Inspection Visits

High profile television and media marketing campaigns enticing people to buy overseas property are, more often than not, accompanied by the offer of inspection visits.  These are notionally intended for you to see desirable property developments in a relaxed and non pressured environment. In reality nothing could be further from the truth.

The normal procedures are; 

• You will be met at the airport by a representative of the company. 
• So far, so good. However, from this point on you will be controlled at all times. 
• Once at your hotel, unless very late at night or very early morning, you will be in the bar for complimentary drinks.  They will be with you constantly. 
• There is very little time, other than in bed, to consider and evaluate what you have seen, to be able to make an informed decision as to a purchase.
• You will be told there are only one or two available properties, once you show any interest in a particular development.
• The sole aim of the representative is to get the sale.  This involves a credit card payment of between £2,000 and £ 4,000 for the reservation. If the representative fails to achieve this, they have to explain to superiors why they have failed to close the client.
• Some companies levy financial penalties on employees who do this.  We have to be aware of the fact that these property companies are only concerned with how much money they can make, and are not interested in satisfying the clients requirements and needs.
•  Unfortunately this is particularly the case with new developments. Perhaps, this explains the abundance of former timeshare and double glazing people in this business!

Completion without Lawyers 

As unbelievable as it may seem, a large majority of purchases in Spain are completed without independent legal advice.  The majority of property companies do not even mention a solicitor.  If asked, they explain that this is taken care of in house. Of course, this suits them, as they are able to cover their own bad practices. All the protection afforded by a truly independent lawyer is lost.