Which Countries are you referring to?

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
richard@yourstatefinance.com

Hi loan

I was born and bred in Bournemouth and still have a house over there. SE England prices are as high if not higher than London itself.

You can’t go far wrong in the right area in the SE although obtaining finance as a FN is just as hard as it is over here.

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans…[Read more]

Hi Karen

Where in the UK are you and where in Oz are you coming to.

There are just as many scams over here as the UK so fear not.

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
richard@yourstatefinance.com

Hi Mark

Steve Crane is a regular forum contributor and runs
Mobile Mortgage Market
Ph: 0402 483 216
info@mobilemortgagemarket.com.au
http://www.mobilemortgagemarket.com.au

Thoroughly good bloke to boot. Give him a try.

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720…[Read more]

There are several plusests including both Asset protection and Taxation benefits of purchasing a property in the name of a Pty Ltd Company.

Normally it is done with the Company being the Trustee but again it all boils down to your own individual circumstances and requirements.

Cost wise you are probably looking at around $920.00 which includes…[Read more]

Mark

Why don’t you get in touch with Chad Simons from Melbourne who is over there at the same time.

Chad has helped many of our clients with their USA properties and offers a great investment service.

In my opinion i like to deal with someone ethical in the industry who actually in interested in the client not just lining his own pocket.

Email…[Read more]

Hi Wake

Ok I can think of a few lenders off the top of my head that would do that. I guess one thing is getting the valuer to agree with your GR.

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
richard@yourstatefinance.com

Hi Wake

What do you mean by 80% LVR. 80% of what GR ?

How many units in the subdivision. How small is small.

Many deals are done at residential rates it just depends on the size and experience of the person doing the development.

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial…[Read more]

Not sure of all of the details but with a Pro Pack from the right lender you would have paid nothing.

If it is not too late post some further details and we can perhaps point you in the right direction.

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720…[Read more]

“The reason why i dont just go to a development financier, is because I am 19, they would laugh and tell me to get lost.”

Also they would not lend for an overseas project.

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
richard@yourstatefinance.com

Dave

Are you referring to Land Subdivision or constructions of Units on the block?

What State and Council are we referring to as they will all differ?

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
richard@yourstatefinance.com

And also don’t get pressured into being told that if finance is approved you have to proceed. It is finance on terms acceptable to you the purchaser.

So if some cowboy tells you they can arrange it through M Mouse Home Loans at 16% you dont have to take it.

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from…[Read more]

No the OSR has no interest other than merely collecting your Stamp Duty.

If a caveat is registered by the purchaser you the owner of the property are notified but not the mortgagee.

The only thing to make sure is that your loan is always P & I not interest only and never X collarise the loans. It is a breach of the Property Act.

Richard…[Read more]

Heh Stuart

We were looking at someone to blame for not being able to understand the original post so thanks for sticking your hand up.

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
richard@yourstatefinance.com

Hi Rob

As Simon has indicated you as the borrower is only half of the equasion the rest of the required information relates to the project itself.

Have you ever completed or undertaken a development before if so what amount and size?

Will you be contracting the work out. Do you have a fixed price building contract? Any presales.

These are all…[Read more]

Yes the purchaser is entitled to receive the $7000 FHOG but the timing of the payment varies from State to State.

Unless you have a very good rappor with your Bank then they are usually done as IP’s without the Bank knowledge. In saying that there are 1 or 2 non mainstream lenders that accept wraps.

Richard Taylor
Residential & Commercial…[Read more]

Wow Brizza just stop right there.

The title certainly does not change into the purchasers name as otherwise how would you be able to raise funds against a property that is not in your name.

What happens is they enter into an Instalment Contract and make a series of payments normally over say 30 years which reflect sufficient amounts to repay the…[Read more]

No problem
I think you mean you will be buying the property in Trust with a Corporate Trustee.

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
richard@yourstatefinance.com

fbd1

Are you referring to your PPOR as the Master Facility if so yes that is a sensible way to go. Are you purchasing the IP in Trust?

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
richard@yourstatefinance.com

Mike

Being 19 will have no bearing on his application. However if he is seeking a high LVR (Over 80%) then he will need to demonstrate 2 years income through his Personal Tax returns.

Whilst 100% + loans are available self employed clients are required to produce 2 years worth of figures.

I would suggest that he start a regular savings plan so…[Read more]