FOPDACFederation of Overseas Property Developers Agents and Consultants
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FOPDAC and the international section of the NAEA (www.
FOPDAC (020 8941 5588); SAGA freephone advice line (0800 904 7911)
FOPDAC fears the boom could see unscrupulous agents muscling in.
Choose an agent who is a member of FOPDAC n Make sure you can get a mortgage before you even think of signing a contract n Get an independent lawyer to advise on conveyancing and tax issues n Use an independent surveyor Make several inspections and compare property prices Remember extra costs such as notary fees, local taxes, VAT, land registry fees and purchase costs For information contact FOPDAC on 02089415588 or em ail info@fopdac.
FOPDAC estimates that a buyer can expect to pay an average 10%-12% on top of the original purchase price in fees and charges when buying abroad.
FOPDAC believes it is now more important than ever that buyers know they are getting information from and that these agents operate ethically and professionally.