Are you an international individual or business eyeing an investment in the UK’s commercial or residential real estate sector?
Winfields Commercial Agents proudly represents a diverse clientele of overseas investors and corporations. Our services encompass rent collection, procuring building insurance, ensuring regulatory adherence, and collaborating with our clients’ accounting and legal teams. Actively, we discover, acquire, oversee, and liquidate properties tailored for our global clients.
From the moment of exchange or completion, properties must be insured at the right reinstatement value. Winfields Commercial Agents maintains affiliations with top UK insurance brokers, ensuring policies backed by esteemed insurers. Typically, vital insurance coverage spans Fire, Lightning, Theft, Flood, and Terrorism. In most scenarios, especially for commercial assets, these insurance costs can be offset to the tenants.
You should expect the following from your lawyer:
Furthermore, considering the overall purchase expenditure is pivotal. Winfields Commercial Agents assists in breaking down potential transaction costs. For instance, a UK property purchase might require the buyer to allocate between 5.75% – 6.5% of the buying price to cover stamp duty, legal charges, valuation fees, and any bank arrangement fees (if relevant).