Your Investment - How We Work

Firstly, we do not work with traditional "off-plan" stage payment funded projects. In the majority of cases where dreams turned to nightmares, stage payments were involved, or large deposit payments had been paid to the vendor - and purchasers realised far too late that things were not right. With stage payments (through the physical construction of the project) many had already made payments totalling up to 90% of the purchase price - hence the huge problems when things started to go wrong. That is 90% of all due payments with no guarantee of getting the title deed. We pass no funds whatsoever to developers and vendors until we have ensured the property is complete and ready for habitation, and we have your title deed in our hand - assuring that your money is never at risk.

Furthermore, we do not pass client deposit payments to private vendors - they receive all the funds once we (and our solicitors) are satisfied that the property remains as described as time of purchase (including specified fixtures and fittings) and the title deed is in the name of the purchaser.

Here is a typical schedule of an Assured Estate Purchase:

1. Client visits and views suitable properties.

2. Assuming our clients find a property they would like to purchase, we arrange a meeting with purchaser, vendor, lawyer and ourselves to draw up contracts and discuss all details of purchase. This can include the noting of fixtures, fittings and extras that are to be included and any other relevant points.

3. On signing of contracts, arrangements are made for the agreed deposit to be transferred to our UK solicitor. This is held in Escrow until title transfer.

4. We keep clients up to date on progress, with regular emails and photographs.

5. For new properties, we issue a "Fourteen Day Notice" to the developer/builder, which they complete and return to us, indicating that they consider the property to be complete and ready for transfer, and all paperwork completed to enable the full transfer of title to the purchaser.

6. On receipt of the Fourteen Day Notice, we fully inspect the property to ensure the property is completed, functional and includes any agreed extras. Our assesment is also forwarded to the purchaser for reference. If any further work is required, this is indicated to both developer and client in order that it can be carried out prior to transfer of funds. The 14 day notice allows seven days for us to inspect the property and forward to the purchasers and UK solicitors our final report, and seven days for the tranfer of payments.

7. Assuming everything is satisfactory and complete, we request that the balance (and all purchase costs and taxes) be transferred to the lawyer in Turkey - NOT to the developer or vendor. Other costs are confirmed to the client, but will be in line with those discussed during their initial visit.

8. Once the property has been inspected and is ready, and the funds are with the lawyer in Turkey, a date and time is agreed for all parties (or their legally authorised attorney) to meet and transfer the title deed into the name(s) of the purchasers, with the payment being made to the developer/vendor.

For further information, please take time to view our FAQ - frequently asked questions.

Please take your time to look around the site. If you have specfic questions please contact us - we will be delighted to answer and advise.