What are the precautions in the UK house purchase contract?
1, need to know the local contract specifications.
When signing a British house purchase contract, you need to know the local contract specifications, which can be found directly on the Internet. Property buyers can understand the contract before buying a house, so they must read it carefully and master the important matters inside.
2. See the total price of the house clearly
The unit price of the house needs to be shown in the contract. In fact, some indicators such as water, electricity and gas need to be stated in the contract. One more thing, when buying a house, you should indicate whether it is full payment or installment payment, and whether it is cash or check payment.
Please ask friends who are familiar with the local situation to help.
If you are a foreign buyer, you'd better ask some friends who are familiar with local real estate for help when signing a British house purchase contract. After all, you are not clear about some technical terms in English, which may cause some hidden dangers.
4. Choose a regular real estate agent.
If you buy a house in an intermediary company, the buyer can save a lot of energy and time, and if you don't understand some policies of buying a house in Britain, you can also find a broker to explain it to you.
What if the purchase contract is lost?
1. Pre-sale registration is not allowed for the house purchase contract. Before the pre-sale registration of the house purchase contract, if the buyer's contract is lost, it is only necessary to void the remaining contract and sign a new one. During this period, the buyer needs to pay the cost of a contract, which is about 50 yuan.
2. After pre-sale registration, before handling bank mortgage. If the buyer loses the contract, the measure taken is to publish a statement in the newspaper to declare the contract invalid. After the expiration of three months, the organ that registered the newspaper for pre-sale shall apply for cancellation of the signed contract, sign a new contract, and then register for pre-sale. During this period, the buyer needs to pay the cost of publishing the statement, the contract fee and the stamp duty of the new contract.
The article gives you a detailed introduction to the matters needing attention in the UK house purchase contract and the detailed knowledge of how to deal with it if it is lost. I hope it can be of some reference value to you. In a word, there is a big difference between British real estate transactions and domestic real estate transactions, so we must be cautious when signing contracts.