Edition 57
www.thecourier.es
Friday, March 23, 2012
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Be on guard for property cons, warns UK Embassy
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Saints alive, it’s the man himself! St Patrick and friends celebrate the big day at Cabo Roig with their favourite newspaper
What a day! St Paddy’s has never been quite so special
THE British Embassy has issued a warning to anyone thinking of buying property in Spain to act with “extreme caution” in the face of continuing scams. Property experts at the Embassy this week stressed the importance of taking great care with any purchase that appears “too attractive’’. And Embassy property adviser Alex Brown warned prospective buyers NOT to feel safe simply because they are using a solicitor. “You should exercise extreme caution if an estate agent, promoter or lawyer urges you to cut corners to save money or time”, he said. The warning comes as developers, promoters and estate agents become desperate to lure back buyers while the property market continues in free-fall. In a press release, the embassy said: “Despite the well-known problems facing thousands of past purchasers of property By AMANDA BLACK in Spain, the embassy is aware that there are still to avoid those who offer property industry representa- ways to save money and tives who are trying to tempt ‘speed up’ the Spanish confuture buyers with apparently veyancing system. And they stressed the attractive methods to secure importance of dealing only their dream homes more with reputable professionals. quickly or cheaply. “When you choose an “Such offers may in fact estate agent, promoter or be very bad value.” Embassy officials are now lawyer to help with your purwarning people to look out chase, check that they are for signs that all may not be qualified, reliable professionas it seems – urging buyers als and have significant
BUYERS BEWARE experience of operating in Spain and expert knowledge of how the system works,” said Brown. But choosing a professional lawyer is not always enough. Many innocent buyers have been caught in the nightmare of illegal property ownership because they believed that as long as they used a lawyer they would be protected. While the Embassy continues to stress the need to use
a lawyer, it warns on its website that caution is crucial. In addition to checks to make sure the lawyer is qualified and registered with the Colegio de Abogados, the Embassy stresses that buyers should NEVER use a lawyer recommended by anyone involved in the sale be it seller, estate agent, promoter or developer. “Numerous property owners are now experiencing problems with their property
because they did not seek independent legal advice and instead used lawyers and translators recommended by the estate agent/developer,” the website states. Although in the light of so many property horror stories the advice to use an independent lawyer sounds obvious, it had become almost standard practice among foreign purchasers in Spain to use a lawyer recommended by the sales agent.
WHAT a great St. Patrick’s Day that was at Cabo Roig on Saturday afternoon! We have lived here nearly six years now and have visited many St. Paddy’s Day parades – even in America. Saturday took some beating. We had family over from Ireland and they were amazed. My son said afterwards he was expecting one of the Irish bars decorated in white, green and gold, Guinness and perhaps some music. You should have seen his face when we arrived at the pyramid roundabout – and that was before the parade started! There was something for everyone, from Harley Davison bikes to musical bands. Even the children were catered for which is unusual because normally these types of shindigs are for adults. My son and his family will certainly be coming back to celebrate St. Patrick’s Day with us next year. Thank you to the Town Hall and the local bars at Cabo Roig for a super day – we can’t wait until next year! MARGARET AND TOM, Villamartin
l PAT’S THE WAY TO CELEBRATE - Page 3