Total Members: 159,403

Lainy

  • Lainy replied to the topic Buyer Beware – Rental Return in the forum Help Needed! 19 years, 9 months ago

    Having a vacant property is abit nerve racking especially if it your first property.
    We have three IP’s and the first one did not let straight away because we choose the wrong agent. Have learnt now to use a minimum of two agents at the same time to market it. Insist on two month notice clauses so that you have a reasonable time to find…[Read more]

  • Lainy replied to the topic Buying an IP on a Greek Island in the forum Help Needed! 19 years, 9 months ago

    Thanks for the links, this taxation one will be very useful. If I have read it right there is no capital gains tax in Greece and transfer tax may be the equivalent of stamp duty?

    I have found a website for a company that arranges mortgages and will as them.

    Thanks again

  • Lainy replied to the topic Buying an IP on a Greek Island in the forum Help Needed! 19 years, 9 months ago

    Thanks for this information. I think your parents are very brave buying land and building from scratch. The disadvantage I have is that I do not speak the language.
    To begin with I think I should keep this project simple and buy what I can actually see.
    Are your parents taking out a Euro mortgage from a company based in Greece?

  • Lainy replied to the topic UK property – contacts? in the forum Help Needed! 19 years, 9 months ago

    Hi, I’m from London and havelived in Melbourne for a year now and have thre investment properties thereon a buy to let basis.
    I have used Mortgage Express for our loans. A friend of mine has 25 properties and has used Paragon who will look at you and your history as a landlord.
    What ever you do beware of tie-in penalties. I am trying to get out of…[Read more]

  • Lainy replied to the topic Building a property portfolio in the forum Help Needed! 20 years, 1 month ago

    Never heard of the concepts of swaps before in the UK. Does the company you are borrowing the mortgage from need to know that you are going to swap it on?

  • Lainy replied to the topic Building a property portfolio in the forum Help Needed! 20 years, 1 month ago

    what do the terms LMI and LVR stand for please?

    When assessing the suitability of a property to lend money against that is going to be let out, do the finance companies need to see evidence of the future rents too or are they basing it on whether you as an individual are good for the risk?

Lainy

Step 1 - 0% Complete

Fill Out Your Member Profile Below

Fill in the required fields below to complete your registration.

Registration not only grants you full access to this website, but will also enable us to send you our newsletter, latest investor tips, strategies and information about events/products relevant to investors. You can opt out at any time.

Used to log in to the website and for targeting with messages. Alphanumeric characters only. No spaces allowed..

Member Login
Lost your password?
×
159,403

Register Free To Unlock Unrestricted Access To PropertyInvesting.com

×
1-Day Millionaire Mastermind Workshop - Only LIVE Training in 2019!