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Hi
we are looking at a positvely geared lease hold property – permanent letting.
agent states the banks will not lend on these unless you have equity in something else as security.
why? what is the difference in the risks?
Breaking out, more info needed.
Don’t go on the agents word. If you are interested, at least ask a mortgage broker what the financing is like.
Cheers
Melthis is breakingout O did not place this topic
Viewing 3 posts - 1 through 3 (of 3 total)
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