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Anyone invested in property abroad? How do I know these UK based companies are trustworthy? |
Thinking of investing in an apartment in Turkey - it's offplan so not built yet - been to turkey and sounds like good location etc. viewing the location next week but dealing with UK based company. Where do I check to see if this company is 'registered'? Not done this type of investment before - any advice? Companies House would be a good place to start. There is usually a site under the government that allows you to search for the companies business number, but even if a company is registered, it provides no guarantee. I think it is best to find a more well known international company, eg. LJ and etc. Even though they are more expansive, but it pays off that it ease your worries. Companies house is a good place to start that will tell you that they are registered, but not how they operate. Look for an association they belong to and also try and find other people who have already invested. Or at other sites they have built. I Bought one in Cyprus from Domus Island they were very professional and it was off plan i get pictures almost every week only 9 months left to finish and they have a guaranteed rental program. |
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