Canary Wharf, London, UK |
| Overseas Investments - UK property | |||||||||||||||||||||||||||||
![]() Canary Wharf, London, UK
- Purchase through an Exchange Bond This will be a spectacular development in the heart of the Canary Wharf complex. The development has been designed by the world acclaimed architects Skidmore, Owings and Merrill, designers of the Burj Dubai, Hong Kong Convention & Exhibition centre and Broadgate Tower London amongst others. The main focus of this development is the stunning 43 storey tower. Overlooking Millwall Dock, the development will provide expansive views over the docks, River Thames, Canary Wharf and the City. The development also boasts an excellent location for transport links to the centre of Canary Wharf, London City centre and London City airport. It will also be close to the planned Crossrail project. The development is a short walk from Canary Wharf business district which currently employs over 90,000 people and is estimated (CWG estimate) to rise to 200,000 by 2025 (according to the Mayor’s London Plan and DCLG’s Thames Gateway Interim Development Plan). Completion: 1st Q 2011 Purchase using an Exchange Bond Instead of paying your deposit in cash, you can purchase a ZPDG, which is accepted by your developer in place of cash, allowing you to exchange on your property without the usual cash deposit and pay none of the purchase price until completion. The ZPDG is a bank guarantee product offered by Zurich Bank that allows you to exchange contracts on an off plan investment property by paying a minimal fee. The full purchase price is then paid at completion of the property.
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