Three star cover - Added levels of buying protection

The Highest Level Of Protection Via A Safety Net Of English And Spanish Law, Consumer Protection And Strictly Regulated Business Ethics.

Let’s look at this in a little detail because it’s very important for your peace of mind and security.

Experience shows that UK residents usually buy property in Spain through one of two routes –

1. Via a UK business that partners with a Spanish business or

2. Via a Spanish business that markets directly to the UK

Depending upon the companies in question, these routes offer you different levels of protection if something should go wrong. Exactly who YOU choose, too, could have a very big impact!

When it comes to property buying, if you were to rate your safety net in terms of a star rating, where zero stars means you have no protection and three stars means you have the best protection you can get, which would you rather have? Nought or three star protection? It’s an easy choice isn’t it?

However, in both the options above (1 or 2), either, neither or both companies could be properly registered with the relevant authorities. If they are properly registered, you’ll potentially have some come back via the relevant legislation if something goes wrong. If they are not registered, when things get tricky, it’s not unknown for business owners to disappear (maybe with your money… and if not your money, certainly your sanity!).

So why put yourself at risk?

So clearly you need to be in scenario A above, with both companies properly registered. But many people unwittingly put themselves into scenario B, C or even D without realising or thinking about it.

But we said you can have three star protection, didn’t we? Not just two.

Correct. You can.

The only three star protection in the industry

The way we operate is as follows – we’re a properly registered limited company [Number 05554001], so there’s your first protection star. Our partner in Spain - Medsea Estates Group [Number B53329223] - operates a group of properly registered Spanish limited companies - there’s your protection star number two. The Spanish group of companies is owned by Medsea Estates Group PLC in the UK [Number 05123368] and there’s your third protection star.

How does this better protect you?

As you’ll know, as a public limited company, Medsea has to conform to legislation, ethics and business practices at a level higher than that of a normal limited company. Legislation demands a higher level of disclosure which really opens up the company to public scrutiny.

Aside from the legal aspects of this, sharp business practice for any listed company negatively impacts its share price. And one of the primary focuses of the Board of any PLC is its share price. So sharp business practice, amongst any of its subsidiaries or any of its suppliers or partners are something you’ll not have to contend with!

Perhaps an even simpler way to look at this might be like this. You could deal directly with a Spanish-owned and run, possibly unregistered company. Or you could deal with us… UK based and registered, working with a properly registered company partner in Spain that has a mix of English and Spanish management. The Spanish group is owned by a UK PLC.

Think about it. In this environment…

• Who speaks English not only fluently but as their first language?
• Which is going to be easier to deal with?
• Who gives you more avenues to explore when it comes to getting things done?
• Who has more resources and far more staff?
  
  We’re sure you get the point.

There one more point related to this, too, that you have to know about.

Who would you rather have as an advisor – someone who is paid to give you advice? Or a commission-only sales person? (A commission-only sales person only ever makes money if you buy from them. The salaried person earns money whether you buy or not).

Who do you think might be likely to give you the most reliable advice? Who do you think you could more likely trust? In our "About Us" section you can read about the salaried staff that will act as your advisors in Spain.

But Please Note

We are very unusual in this respect - just about any other company you could choose to go on tour with uses commission-only sales people. If you doubt us, ask the question of our competitors BEFORE you think about booking a tour.

Next – Geoff’s mistake – and others like it that we'll show you how to avoid.