Originally posted by PCTNN
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Investors pull billions from UK on prospect of no-deal Brexit
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Originally posted by BrilloPad View PostNot Portugal.“Brexit is having a wee in the middle of the room at a house party because nobody is talking to you, and then complaining about the smell.”Comment
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Originally posted by darmstadt View PostIsn't Portugal the only European country that the UK hasn't gone to war with?Comment
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Originally posted by PCTNN View PostSpeaking of investing in sunny Europe, I'm now in a position where I can buy a second property so where should I start looking at? Spain/Portugal/Italy?
Where should I move my british money to?
I don't intend to sell though, I've just bought for the lifestyle, which is great.Hard Brexit now!
#prayfornodealComment
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BTW the property purchase system in Portugal is much more sensible than the UK. Both seller and buyer put down a substantial deposit (say 10K, held in escrow) on start of proceedings. This is adjusted at completion. If either pulls out they lose the deposit and it goes to the other party. So gazumping/timewasting is rare and you get compensated if it happens. Takes 2 months with minimal grief to buy there.Hard Brexit now!
#prayfornodealComment
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Also, I don't think Portugal has the "offers over" system when buying a property?
That's an annoying pain in the butt...Comment
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Originally posted by PCTNN View PostAlso, I don't think Portugal has the "offers over" system when buying a property?
That's an annoying pain in the butt...Hard Brexit now!
#prayfornodealComment
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Originally posted by PCTNN View PostSpeaking of investing in sunny Europe, I'm now in a position where I can buy a second property so where should I start looking at? Spain/Portugal/Italy?
Where should I move my british money to?His heart is in the right place - shame we can't say the same about his brain...Comment
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Originally posted by Mordac View PostAll three of those are in serious danger of crashing Greece-style, so I'd wait until one of them actually happens, and pick up a bargain.Hard Brexit now!
#prayfornodealComment
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Originally posted by sasguru View PostBTW the property purchase system in Portugal is much more sensible than the UK. Both seller and buyer put down a substantial deposit (say 10K, held in escrow) on start of proceedings. This is adjusted at completion. If either pulls out they lose the deposit and it goes to the other party. So gazumping/timewasting is rare and you get compensated if it happens. Takes 2 months with minimal grief to buy there.Comment
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