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Loan secured against overseas properties.

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Comments

  • dresdendave
    dresdendave Posts: 890 Forumite
    Part of the Furniture 500 Posts Photogenic
    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
    bigadaj Posts: 11,531 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper
    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
    guerlain Posts: 10 Forumite
    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
    iolanthe07 Posts: 5,493 Forumite
    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.
    I used to think that good grammar is important, but now I know that good wine is importanter.
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