Investment

In order to acquire the best properties it is crucial to have the correct industry contacts to source the best opportunities at the right price. The three directors of B&G have over 30 years of exposure to property fund managers, brokers and private wealth enabling us to be one of the first choices for any investor looking to either create or develop their portfolio. We are proud to be able to offer our clients unique & interesting oppportunities unseen by the general market.

Investing In Property

When it comes to making the most of an investment property, finding the right home in the right location is only half the battle; finding the best finance is other half. Many options are available and the choice of home loan will ultimately depend on your particular investment strategy and the type of property. Here are the three main choices.

 

1. Standard variable rate or fixed rate home loan

Depending on your circumstances, most lenders will let you borrow up to 95 per cent of the purchase price of an investment property. You may, however, be required to take out lenders mortgage insurance.

2. Interest only home loan

With an interest only home loan, repayments only cover the interest component. The principal is repaid in full at the end of the loan term (usually three to five years). Because borrowers only repay the interest component, interest only loans have lower repayments than principal and interest loans.

3. Equity home loan

If you already own or substantially own your home, you can borrow against the “equity’ your have accumulated. Equity is simply the difference between what your property is worth and what you owe. For example, if you have £100,000 to pay off on a home worth £250,000, you have £150,000 worth of equity. An equity home loan gives you a line of credit on your mortgage up to an approved amount. The loan can be taken in full or in stages, making it particularly useful for property investing.

 

 

B&G News

Buying a property is a big step involving a huge long-term financial commitment, so think hard about what you can afford.

As the Dubai Real Estate market races ahead with exceptional imagination and ambition, B&G share the vision of this extraordinary city with passion, and unsurpassed commitment to providing superior investment opportunities.

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E. info@bandgproperty.com