They are excellent suggestions, I will be implementing immediately

I do believe it is currently a good area, and this research will certainly give me confidence or alternatively show me up if I am wrong.

But I am also worried about the new developments and the effect they could have on the current market.

Thankyou for your responses. I think I am not ready after all to go ahead and put an offer on… there are still things I need to sort out.

However, this question will pop up again I am sure when I am ready, in a different house I suppose… hopefully in a few weeks time for me… so it isn't redundant…

The town is very large and has many real…[Read more]

Lots of people have looked but no responses! Please let me make this more general to make it a worthy topic

How low do you go?

Do they expect you to offer less than the asking price?

Is this part of the negotiating process?

Is there a level which will be taken as an insult?

Or do they usually ask much lower than they actually expect to suck…[Read more]

Thankyou what great responses! I have been somewhat ignoring this whole aspect as I feel quite loyal to my bank and figured they would know what to do but of course that is a pretty risky attitude. (They  took a chance on us when no other bank or broker would look at us).

Offset is certainly the way to go then. In the back of my mind I do wish to…[Read more]

Thanks for your answer

I have 150K left in my PPOR plus an additional 30K of redraw and the last valuation was 400K but I fear the value has dropped since then.

What is the benefit of offset if I can just put my money into redraw as I currently do? Does an offset account decrease both properties?

I worry about an interest only loan because…[Read more]