Colin Childs
Colin Childs
Registered with Property118.com
15th August 2013
Total Posts
0
Total Comments
126
Registered with Property118.com
15th August 2013
Total Posts
0
Total Comments
126
Reply to comment left by All BankersAreBarstewards Smith at 28/02/2014 - 10:10
Reply to the comment left by "All BankersAreBarstewards Smith" at "28/02/2014 - 10:10": The Board of Directors would have made their decision based on their fiduciary responsibilities and duties under the Building Societies Act 1986. So certainly aren't going to...
Read More →Reply to comment left by ian at 27/02/2014 - 09:39
Reply to the comment left by "ian " at "27/02/2014 - 09:39": Nothing personal in my comments. Just some observations. Like learning to blow trumpet. Best to learn everything you need to know about instrument. Before making public appearances. May...
Read More →27th February 2014, 12 years ago
The biggest mistake many investors make is to hang onto a poorly performing investment in the hope that tomorrow is better. Human nature I should add.
Read More →Reply to comment left by Mark Alexander at 26/02/2014 - 20:57
Reply to the comment left by "Mark Alexander" at "26/02/2014 - 20:57": Interest rates are likely to progressively rise over the same time frame. So any benefit of an improving economy may be neutralised.
Read More →Reply to comment left by Jamie Moodie at 26/02/2014 - 08:35
Reply to the comment left by "Jamie Moodie" at "26/02/2014 - 08:35": How you intend repaying the debt possibly. Property is fundamentally illiquid so exiting the market is potentially an expensive exercise.
Read More →Reply to comment left by The Seasoned Female Investor at 26/02/2014 - 09:20
Reply to the comment left by "The Seasoned Female Investor" at "26/02/2014 - 09:20": As a "seasoned" investor you appear to have overlooked your exit route. A fact which would be savagely exposed if put to the test. Without current...
Read More →22nd February 2014, 12 years ago
Salient points have been covered already. For a single property the sheer expense of undertaking such a concept outweighs any benefit to the investor.
Read More →21st February 2014, 12 years ago
Much hinges on whether lenders will allow the release of equity upon remortgage. While this concept of using property as an ATM's in the past was how many build their property empires. Also the reason for their downfall for a...
Read More →Reply to comment left by Mark Alexander at 20/02/2014 - 21:45
Reply to the comment left by "Mark Alexander" at "20/02/2014 - 21:45": Source of deposit will become increasingly important. Borrowed funds merely make the leveraged position less tolerant of any financial distress. I await an update with interest.
Read More →Reply to comment left by Mark Alexander at 20/02/2014 - 21:16
Reply to the comment left by "Mark Alexander" at "20/02/2014 - 21:16": " they will no longer accept remortgage applications from Nationwide customers where the purpose of an increased loan is buying investment property." I read this in the context...
Read More →Reply to comment left by Tracey Newbie Landlord at 20/02/2014 - 21:06
Reply to the comment left by "Tracey Newbie Landlord" at "20/02/2014 - 21:06": You won't be able to release further equity from the properties with TMW. If that's your question.
Read More →Reply to comment left by Neil Patterson at 19/02/2014 - 13:14
Reply to the comment left by "Neil Patterson" at "19/02/2014 - 13:14": But think of the Euro's they are spending in the Uk and tax they are paying!
Read More →19th February 2014, 12 years ago
London is the 5th/6th largest City in France now. A sign perhaps of tax rates across the Channel.
Read More →18th February 2014, 12 years ago
" The vehicle that was in place to pay these off (within the next 4 years) has collapsed and I have no way now of paying the mortgages off." Meant to comment on this earlier. I'm surprised the investment vehicle...
Read More →18th February 2014, 12 years ago
Do you own your home? Suggest you call the National Debt Helpline for advice. Calls are free and your can email online as well.
Read More →Reply to comment left by Jerry Jones at 17/02/2014 - 14:34
Reply to the comment left by "Jerry Jones" at "17/02/2014 - 14:34": No different to Starbucks charging £3 for some boiling water and a touch of milk.
Read More →17th February 2014, 12 years ago
Following on from previous comments. Having an equity stake in any business venture is a key requirement of commercial lending. Off your topic but in a similar vein. Much gets written in the media regarding SME's being unable to raise...
Read More →16th February 2014, 12 years ago
"Their attitude is unhelpful, dismissive, and borderline contemptuous. They don’t even seem interested in converting it to a BTL mortgage." As a business they can choose who to conduct trade with and on what terms. There's no right to borrow...
Read More →15th February 2014, 12 years ago
Why was your tenant leaving food in the bottom of a wardrobe and in her room?Mice have the ability to detect food from some distance. So it was the food that attracted them. Pests are never far away. So onus...
Read More →15th February 2014, 12 years ago
"Yes “Forward Guidance” is dead because the Bank of England got their unemployment prediction wrong, but we still don’t really know why." A forecast can only ever be based on assumptions relating to a multitude of factors. As an example...
Read More →Showing 20 of 126 comments