23:23 PM, 11th March 2011, About 15 years ago
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In this You Tube video interview between Vanessa Warwick from Property Tribes and Paul Spriggins of Tingdene this unique business model is explained. Paul Spriggines is a personal friend of mine and we will be visiting the Property Investor Show at Excel, Docklands, London together on Friday 18th March. The finance is none status, non-recourse, 6% fixed interest for the term, no arrangement fees, no valuation fees, no early repayment charges, no legal fees. The catch?
Well they only provide the finance on their own UK holiday homes and holiday investment properties.
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