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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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