barryk
01-07-2012, 14:34
We are considering purchase in Tenerife and I would be grateful for some advice on the best way to proceed with the initial stage.
I expect to pay a small deposit to reserve the property and take it off the market until we are able to sign a purchase contract and pay the 10% deposit.
Could any member advise the approx amount I should be paying and how long this would be valid for whilst my solicitor checks out the purchase etc
I keep hearing mention of the full 10% being required up front and non returnable if I do not proceed.
I would be grateful if someone could advise me of the best way forward in these matters
Thanks,
Barryk
I expect to pay a small deposit to reserve the property and take it off the market until we are able to sign a purchase contract and pay the 10% deposit.
Could any member advise the approx amount I should be paying and how long this would be valid for whilst my solicitor checks out the purchase etc
I keep hearing mention of the full 10% being required up front and non returnable if I do not proceed.
I would be grateful if someone could advise me of the best way forward in these matters
Thanks,
Barryk