30% Down and nothing to pay until 2008

Scruples International are pleased to offer new payment options on our properties in the Caribbean.

We are giving you the option by which after you have paid the first 30%, the rest of the stage payments can be made as follows:

We have an arrangement by which we shall be making the payments on your behalf which is being supported by our bankers in the Caribbean. 

We are appointing an independent quality surveyor who will be inspecting the works undertaken at each stage and on this report the bank will forward us the funds related to the work undertaken. The customer will be charged the interest only that relates to the amount of money that the bank releases. The interest rate will be the rate charged at the time by the bank.
This process gives you the peace of mind that the work is progressing well and that the bank is watching and looking after your investment.
Once the property is ready the 70% is due, which you can pay in full or within the six months prior to completion, can arrange a mortgage with the bank in the Caribbean (subject to status).

For any more information relating to the payment options available, please contact us.

Payment options to suit you.

Please phone 01580 762927 for further information.

Currency

As you are probably aware, the unit of currency is the Barbadian or American dollar.

Financial services

Here at Scruples / Berrimans, we have a whole financial department just waiting for your call.

Whatever your personal circumstances - Self- Employed, Retired or mortgage free, feel free to call our no-obligation advice line. We are in the business to help you find the right financial solution to suit your individual needs.

If you speak to our financial services they will give you FREE ADVICE on the various methods of purchasing your Dream Barbados property.

  • Releasing capital from your existing residential or investment property by re-mortgage or even second mortgage
  • Obtaining a further Advance from your existing mortgage company
  • Obtaining mortgages for properties abroad

For more information and free advice on how to buy your home abroad, please contact us on 01580 762927. or e-mail your inquire to scruplesestates@btinternet.com

It is advisable to arrange your finances before you make your trip, then - when you find that dream land location, or villa, you can make the decision to purchase with complete confidence and peace of mind.


 

Mortgages

We also offer Mortgages, which are at very competitive rates, please ask for details.

When you are over their we arrange a time to go down and open a bank account, all that you required to have is your passport, and they can open your on line bank account.

It takes no more than 10 minutes, and you will walk out with your bank book account number, they will send you your pin number.

Raising capital

There are three different ways to finance your Barbados property.

  • Re-mortgage your present property in the U.K. and provide up to 100% financing for your Barbadian property
  • Arrange a mortgage of up to 100% (in some cases) subject to proof of earnings
  • Re-mortgage your present property to provide a deposit and expenses together with a mortgage for the rest

International bank transfers

When transferring or sending money, there are two kinds of bank-to-bank transfer, normal, and swift.

A normal transfer is supposed to take three to seven working days, whereas a swift electronic transfer should be completed in as little as two hours. It’s usually quicker and cheaper to transfer funds between branches of the same bank.

If you intend transferring a large amount of money, you should receive the commercial rate of exchange rather than the tourist rate.

We use specialist Brokers for these transactions, who offer a variety of services.

  • No Commission
  • Low Transfer Changes
  • Commercial Exchange Rates
  • Guaranteed Forward prices
  • Courteous, simple and cost effective services
  • Regular payments
  • Overseas Mortgages
  • Pension transfer

Ask about our new services for regular payments where we can fix an exchange rate for up to 2 years, establish a direct debit with your UK bank and transfer your monthly payments abroad for no charge.

Please phone 01580 762927 for further information.