Buying your property: the process
As in the UK, the price is negotiated upfront in advance of exchanging contracts. On exchange, you will pay a deposit to the seller and will be committed to purchase the property. The title to the property will be investigated to check that the seller has the right to sell. Local attorneys will undertake the conveyancing searches required.
New-build property will require planning permission from the Town and Country Planning Office and a certificate to show that the building has been constructed in compliance with planning guidelines. There is however no building regulation regime so you will be reliant on the developer's expertise to ensure the quality of the work.
Ordinarily, documents will have to be signed in front of a Bajan attorney. Alternatively, your signature can be notarized in the UK, which we can do in our London office. Although there is a land registry in Barbados, registration is not generally compulsory and your title is likely therefore to remain unregistered. A Condominium Declaration will be required for apartments and that has to be recorded at the land registry.