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What does a mortgage broker do when you buy off-plan property?

  1. 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
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