UK homebuyers in Portugal represented in House of Commons debate

UK homebuyers in Portugal represented in House of Commons debate

afpop, Portugal’s largest foreign residents’ association, was recently invited to Westminster, London, to be part of a debate to discuss ways of protecting potential property buyers from the UK. The invitation came from the Association of International Property Professionals (AIPP), which wants to see consumer protection issues in the foreign property sales industry reinforced.
At a meeting in the House of Commons, sponsored by David Amess MP, the AIPP began the process of requesting the creation of an All Party Parliamentary Group (APPG) to address these same issues.
afpop CEO Michael Reeve explained: “I met the new Managing Director of AIPP, Peter Robinson, in Vilamoura last year, where we discussed the issues experienced by UK nationals when buying property abroad, and also after the purchase is complete and they begin their new lives in a foreign country. Portugal is the third largest market in Europe, and the experiences of property owners here are of significant interest to AIPP.”
At the meeting, the AIPP launched its white paper, with Peter Robinson explaining that the issue of protecting potential property buyers is so important to his organisation that they have launched a free legal advice service from organisations within the AIPP group, to make sure that UK citizens have access to unbiased advice and support during the process.
As they state in the opening paragraph of their white paper, “AIPP is taking the initiative to review the overseas property industry (from a UK buyer perspective), with the aim to identify areas that can be improved to enable a more transparent, safer and professional cross-border transaction and make appropriate conclusions and recommendations”.
Peter Robinson says of afpop’s involvement in the process, “the AIPP, based in Westminster, is perfectly situated both geographically and by purpose to gather the widest collective views on how British owners of a foreign property, as well as potential buyers, fare in today’s marketplace, and ask MPs to address the issues arising. Many owners divide their time between a UK and foreign property and afpop are ideally situated to work with the AIPP in gathering and communicating British owners’ interests to the APPG now being set-up.
“Having spoken to our Parliamentary advisor, feedback from our event has been very positive and they anticipate the setting up of the APPG (with its minimum requirement of 20 MPs) before Christmas.”
The process of recruiting sufficient MPs to create an APPG is now underway, with several already committed to the initiative, and the next steps in this will largely be determined by that process.
www.aipp.org.uk | www.afpop.com