Legal Advice
We recognize that purchasing a property in Spain or Portugal is a major step and that you will want to be sure that you are protected. We recommend you use UK-based law firm PANNONE. This affords you the security of using an accessible, experienced law firm that will ensure that all the required documentation is in place and that your purchase is safe and legal.
NAEA : The Standards Demanded
A summary of NAEA's Code of Ethics will best convey what is demanded of all members:
• Members shall make honesty and integrity the standard in all their dealings with clients and customers. They shall avoid misleading property descriptions, concealment of pertinent information and exaggerations in advertising. They shall not market property for specific purposes if that property is not accessible and usable for such purposes.
• Members shall comply with all financial and legal obligations relating to their transactions, their clients or customers.
• Members shall use their best endeavours to encourage developments with due consideration for open space and proper environmental controls.
• Where Federation members accept clients' monies for payment for land or property, they must maintain a legally separate Clients Account which must be properly conducted.
• Members shall report in writing any violation of these bylaws, whether their own or of others, whether members or not, to the Committee.
• Should the Association receive a complaint that a member has not acted in accordance with the Code of Ethics then the Committee should decide that a member is in default and he subsequently fails to rectify the matter as directed, then the member would be liable to immediate expulsion.
• All agents must recommend to a prospective purchaser that they seek independent legal advice in order to effect their purchase. Such recommendation will be given before any legally binding contract is entered into. If the prospective purchaser asks the agent for the name of a person to provide independent legal advice the agent should provide a choice of names.
Financial Advice
Please note that you will receive a courteous and non pressured response. We understand that the purchase of a property abroad is a major investment and have ensured that our affiliates are all responsible and professional in their practice.
In the UK we have negotiated with a number of mortgage specialists who are Directly Authorised with the financial service authority who can provide you with the best advice and recommendation in the UK and abroad.
We also have established links with direct International banks in a number of European countries,and also exclusive deals through Master brokers worldwide.
If you would like to obtain advice and a free no-obligation Illustration please Contact Us