Urgent maintenance is an unavoidable aspect of being a property owner, so having a cash buffer set aside as a landlord will help you deal with any unexpected problems.
When renting out an investment property, having access to extra cash is vital for two reasons: Continue reading Why property investors need to have savings
Over recent months it has been very noticeable that banks have been increasing interest rates and tightening credit policy for interest only loans, regardless of whether they are for Investment or Owner Occupation.
The appetite for interest only lending has diminished significantly and through pricing and policy banks are encouraging borrowers to consider principal and interest repayment options. Continue reading Interest Only Loans – Time Bomb or Hiccup?