Real estate agents also suggested having a surveyor inspect the property and advise on its value.
Buyers do not need to be present at the closing, and ai???generally they arenai??i??t,ai??? Mr. Moore said. ai???Essentially the documentation gets signed by the relevant parties but not dated. The lawyers then complete between themselves the transfer of funds and the dating of the documents.ai???
Rousdon Estate: rousdonestate.com
South West Tourism Alliance: visitsouthwest.co.uk
Official England tourism: visitengland.com
East Devon: eastdevon.gov.uk
Devon County: new.devon.gov.uk
LANGUAGES AND CURRENCY
English; pound sterling (1 pound = $1.34)
TAXES AND FEES
Home sellers generally pay the sales commission, typically 2 to 3.5 percent of the sale price, plus the VAT, or value-added tax.
Buyers are responsible for paying a Stamp Duty Land Tax, levied on properties that cost more than 125,000 pounds (about $167,000); rates vary depending on the sale price. Those who own other properties elsewhere in the world also face a 3 percent surcharge above the standard rate, Mr. Gostling said.
Other transaction costs include fees for the lawyer and surveyor, and for registration with the Land Registry.
The annual council tax on East House, paid to the local government, is 3,528 pounds ($4,728), Ms. Clifton said. There is also an annual fee paid to the Rousdon Estate community, for maintenance, sewage and drainage, of about 1,100 pounds ($1,475), she said.
Isabel Clifton, Strutt Parker, Christieai??i??s International Real Estate, 011-44-1392-229406; struttandparker.com