Loan secured against overseas properties.

dresdendave

Thrugelmir wrote: »

Not a discount. The selling price is the market value.

Well said, too many people forget the value of a property is what someone else will pay for it, not some hypothetical figure the owner imagines it to be worth.

bigadaj

dresdendave wrote: »

Well said, too many people forget the value of a property is what someone else will pay for it, not some hypothetical figure the owner imagines it to be worth.

You'll upset people by saying that you know!

guerlain

Thanks everybody for your help and sorry for my lack of knowledge.

What should I do to increase my chances of getting any type of loan in the near future?

I just sent my application to the electoral register. Should I get a credit card rather than a debit card?

Any ideas?

Cheers.

iolanthe07

Thrugelmir wrote: »

Not a discount. The selling price is the market value.

Fair point. I should have said that their market value is much less than their market value of three years ago.