https://media.blubrry.com/longpropertyshow/content.blubrry.com/longpropertyshow/Ep_71-When_to_choose_Interest_Only_or_P_I_repayments.mp3Podcast: Play in new window | DownloadSubscribe: RSSToday we discuss the difference between principal & interest (P&I) and interest only (IO) repayments. What are the typical differences for each? How will each impact your monthly cashflow? Is paying down debt wiser in all cases and why you might choose to pay interest only even on […]
Ep #71 – When to choose Interest Only vs. P&I
Ep #70 – Releasing equity – how & why?
https://media.blubrry.com/longpropertyshow/content.blubrry.com/longpropertyshow/Ep_70-Releasing_equity-how_and_why.mp3Podcast: Play in new window | DownloadSubscribe: RSSNot everyone realises the potential benefits associated with releasing equity (e.g. getting ‘cash-out’) from their property portfolios. It may be to pursue investments or to improve their homes. It may be to provide gifts for family members, or to pay for school fees, or to buy a new […]
Strategies for fixed interest rate expiries
Post by Ian Creighton – Mortgage Broker at Long Property During Covid-19 many borrowers took advantage of historically low interest rates and locked in some great fixed rates for their loans. Traditionally fixed rate loans have only made up 10-15% of total lending, however over 2020-2022 this number quadrupled to c 40%. The vast majority […]