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Showing results for tags 'risk strategy cashflow'.
Dear Hubbers, I am in need of guidance on specialist mortgages and risk - very grateful if you could take 5 mins to look at my 3x questions below. Situation Reserved an offplan city centre flat (reservation paid, no deposit paid, not exchanged contracts). B2L mortgage declined by three separate high street mortgage providers. Only 1 of 3 valuers actually conducted a survey. Reasons for rejection centred on: Development being 'too investor led; not enough owner-occupiers' Ground rent being greater than 0.1% of sales price, and Undisclosed iss
Hi I recently listened to a Property Geek podcast where Rob D was interviewing Mark Alexander from the property 118 site. Mark believes that you should hold 20% of the value of your mortgage debt as a contingency and said that he come to this figure from reviewing successful investors/landlords from previous crashes. However, 20% seems very high to me and I'm not sure that it takes into account the proportion of debt against either the total value of the portfolio or the amount of income generated. Cash flow is the most important thing for any business, more so that short term profitabilit