What does a mortgage broker do when you buy off-plan property?
- Off-plan property mortgages need kid gloves
As we saw in our last investment blog
post, off-plan property contracts are complex documents
. An experienced and competent solicitor is a must-have. So too is a good mortgage broker. The right off-plan property mortgage could be the difference between positive and negative cash flow
. It could be the difference between relying on capital growth and making a net profit from your rental income.
In this post, you’ll learn what a mortgage broker does in the weeks between you putting down a reservation fee and exchanging contracts. I’ll also explain what a mortgage broker can do to iron out certain financing difficulties when you buy off-plan property. Read More