Thank you for your interest in Axis Tower. This landmark development for Manchester will be the city’s tallest residential tower offering premium apartments for the discerning professional. As the name suggests Axis Tower is located in an outstanding position and benefits from both convenience and outstanding views.

 

The Development

Is the development new build?
When is Axis Tower due to start and complete?
Who is the developer?
Are the developers experienced?
Does the scheme have planning consent?

 

Specification

Will the dimensions of my property change between purchase and completion?
Do you provide furniture packages?
To what standard is the building constructed?

 

Investment Requirement and Returns

What is the length of the leasehold?
What protection do I have with my reservation fees?
How will the exchange and stage payments be used?
What are the projected annual returns?
What comfort is there that my investment property would be let?

 

The Legal Process: Purchasing Your Apartment

Who are the nominated solicitors to act on our behalf?
Who are the nominated solicitors acting on behalf of the development company?
Can I purchase these units in my children’s name?
How can I be sure that my money is being used on developing my property?
Why Do I Need To Prove Our Identity?
What if the developer becomes insolvent?

 

Overseas Buyers

Is the sale handled by UK lawyers?
Do I have to pay tax whether I am a UK resident or non UK resident?

 

Finance, Tax and Mortgages

Do I have to pay tax whether I am a UK resident or non- UK resident?
Will there be any VAT payable on the purchase of the apartment?
Is VAT payable on anything else?

 

Owning and Letting my Unit

Can I use any letting agent?
When is my rental income paid?
Can I do anything I want with my property?
How will I access my apartment?
Will my apartment have an intercom system?
What broadband and TV services are available?
How will the building be kept clean?
Does the apartment come with car parking?
What other costs are payable?

 

Management of the Building

Is there a management company already in place?
Will the building have 24 hour concierge services?
How much is my Service and Management charge?
What will the service charge cover?
Will I incur the service charge if my building is not let?

 

Selling Units or Transfer of Ownership

Can I sell on my contract prior to completion?
Are there any restrictions if I want to sell?
What would be the position if I should die?
Is there a cost to transfer the units over to my sons’ or daughters’ names at a later point?