A mortgage is a loan, typically from a bank, used to purchase the property. The property is used as collateral to secure the loan, and the borrower repays the lender over a period of time in a series of regular (usually monthly) repayments. The interest rate, type of mortgage (interest only, principal and interest which is also known as repayment), the number of years you borrow the money for (the term) and the loan to value (the proportion of the property that is mortgaged) will all impact the performance of your investment. Before you buy a property, run different scenarios changing these variables to see how they can impact the performance of an investment.
Mortgage
By PropTech Pioneer Dec 12, 2022
Purchasing a property is a huge financial commitment which is beyond reach for many people. As property prices keep rising many young people are becoming increasingly frustrated. To get on the property ladder, many are considering buying a house with a friend to get on the housing ladder. Buying an investment property with a...
Mortgage
By PropTech Pioneer Feb 21, 2022
At PropTechPioneer, we are not mortgage brokers or financial advisers or regulated under the Financial Services and Markets Act. This article represents our own personal opinion and you should always seek advice from independent mortgage brokers or financial advisors. You may find yourself in a scenario where you have bought a property with cash,...
Mortgage
By PropTech Pioneer Feb 21, 2022
This is a question we are asked frequently, but there is no “one size fits all” answer to this question. Whether you should re-mortgage an investment property or a portfolio will depend on your personal circumstances and what your investment plan is. If you’re an investor, you need to understand how to use a...
Mortgage
By Ashley Osborne Feb 17, 2022
Many investors have made money trading in cryptocurrencies like Bitcoin; however, cryptocurrencies are still considered very volatile. Although cryptocurrency is certainly increasing in popularity with the public, banks, financial institutions, and governments still don’t have a clear plan as to how they intend to deal with ‘crypto’. But with so many people now reportedly...
