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Financial Services > Mortgages > VIP Mortgages > Points to consider

Points to consider

  • If you receive cash back on your mortgage (due to the fact that it would be more than a normal cash back mortgage), it may be liable for capital gains tax.
  • You may also need to consult specialist insurers, to deal with your home insurance.
  • If you have many valuables, antiques etc. you may have to employ a specialist moving company and/or take out a special insurance policy for the day you move (as your current home insurance will not cover this), to protect you against the possibility of your possessions being damaged.
  • If you are still searching for your property, a high-street estate agent may not deal with properties that suit your lifestyle, there are however numerous companies that deal with more luxurious properties.
  • If the property you are buying is listed, you may find that you have restrictions on any renovations/redesign you have planned for your property.

 

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