Each parcel of land is purchased with the following terms:
Reservation Fee £1,000 paid upon signing of the Reservation Agreement
Deposit due within 7 days of reservation
Remaining balance is paid every quarter over 5 years, interest free
Purchasing Process
BUYER completes Reservation Agreement and returns signed document by fax or email with copies of a passport and a utility bill for each named purchaser
BUYER pays reservation fee via Credit Card or Bank Transfer
Developer takes the plot off the market.
BUYER expedites original copy of signed Reservation Agreement to Developer by registered post
Developer issue draft copy of Purchase and Sale Agreement by email in advance to allow time for consultation with a legal representative (optional)
Developer prepares two signed copies of Purchase & Sale Agreement, which are couriered to the buyer
BUYER completes both Purchase & Sale Agreements. One is to be retained by buyer, the other to be returned to Developer
BUYER sends first deposit. Proof of transfer is sent to Developer (within 7 days of signing reservation form)
BUYER expedites signed Purchase & Sale Agreement by registered post back to Developer
Developer applies for Title Deeds to be issued once 100% purchase costs have been received and infrastructure is completed
