Planning your Property Investment – Not Where, but How!
Brookes & Co. Property | 11.12.2007 07:32 | Other Press
Thinking about buying a property abroad, your first thought is usually ‘where shall I buy?’ However, a more important question should be ‘How shall I buy?’
If you are thinking about buying a property abroad, your first thought is usually ‘where shall I buy?’ However, overseas property investment specialists Brookes and Company Property think that perhaps a more important question should be ‘How shall I buy?’
There are a number of reasons for this taking this approach. With their background in chartered certified accountancy, the Brookes team look at every detail of making an investment, with the aim of maximising their clients’ gains by reducing purchasing, ongoing and exit costs wherever they can.
This means that as well as negotiating a significant cost discount from property developers, Brookes will look to get better rates wherever costs are incurred when buying. The company has a great record of getting reductions on notary fees, legal fees and mortgage arrangement fees, but they have also been successful in working with overseas lenders to give their clients preferential rates on property loans.
As the company’s background might lead you to expect, as accountants, they are very interested in reducing their clients’ tax liability. Having to pay taxes on your overseas investment property purchase can significantly erode the capital gains you make, and it is at this point that the ‘how shall I buy?’ question becomes most significant.
There are a number of different ways to purchase overseas investment property, which will greatly reduce or even eliminate your capital gains tax liability completely. Brookes recommend that clients understand what they are looking to achieve from their investments, and use that as the basis for buying in the most tax-efficient way for their needs. They work with trust and tax-planning specialists for the most up-to-date, one-to-one advice and are confident that they can show their clients real value, by minimising their costs to maximise their gain.
For more information on how Brookes and Company Property can help you with overseas investment property advice, please call 01621 876736 or check out the website on www.brookesproperty.co.uk
There are a number of reasons for this taking this approach. With their background in chartered certified accountancy, the Brookes team look at every detail of making an investment, with the aim of maximising their clients’ gains by reducing purchasing, ongoing and exit costs wherever they can.
This means that as well as negotiating a significant cost discount from property developers, Brookes will look to get better rates wherever costs are incurred when buying. The company has a great record of getting reductions on notary fees, legal fees and mortgage arrangement fees, but they have also been successful in working with overseas lenders to give their clients preferential rates on property loans.
As the company’s background might lead you to expect, as accountants, they are very interested in reducing their clients’ tax liability. Having to pay taxes on your overseas investment property purchase can significantly erode the capital gains you make, and it is at this point that the ‘how shall I buy?’ question becomes most significant.
There are a number of different ways to purchase overseas investment property, which will greatly reduce or even eliminate your capital gains tax liability completely. Brookes recommend that clients understand what they are looking to achieve from their investments, and use that as the basis for buying in the most tax-efficient way for their needs. They work with trust and tax-planning specialists for the most up-to-date, one-to-one advice and are confident that they can show their clients real value, by minimising their costs to maximise their gain.
For more information on how Brookes and Company Property can help you with overseas investment property advice, please call 01621 876736 or check out the website on www.brookesproperty.co.uk
Brookes & Co. Property
e-mail:
teverest-ring@brookesproperty.co.uk
Homepage:
http://www.brookesproperty.co.uk
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