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Commercial Valuations for UK Property
Manage episode 394612323 series 3309995
#125
Have you heard people talking about commercial mortgages and wondered what they’re on about?
Or maybe you have a basic grasp of what they are but don’t understand the finer details and would like to know how commercial mortgages work.
You'd like to know more about getting a commercial valuation as opposed to getting your property valued on a bricks and mortar basis?
Or perhaps you’re looking for tips and tricks to avoid those frequently dreaded and often misunderstood down valuations.
Well, if any of that sounds like you, this two-part special is most definitely for you as today’s guest is Martin Smedley of Prospero Finance which is part of the Fairstone Financial Management Group
Martin has been arranging finance for over 35 years so what he doesn’t know about investment finance simply isn’t worth knowing.
This week, we cover the difference between the two broad types of valuations: commercial and bricks and mortar and the factors that affect whether your lender will give you a commercial valuation.
We also touch on how Martin and his team maximise their clients’ chances of securing a genuine commercial valuation.
In Part Two, #126 we’ll be looking at ways to influence that valuer to give us as high a valuation as expected.
Leave an honest review of Expat Property Story
Join our Mailing List to join our WhatsApp group AND access our 37 Question Due Diligence Checklist AND our 23 Step Guide to Buying Property at Auction AND our Monthly Newsletter
Follow the Show on Instagram
Tell us the one thing you’re struggling with in UK property
We typically work with time poor professionals get a good return on their money by investing with us. To schedule a call to discuss
As a reminder, here are the details of where to meet other Expat Property Investors (For FREE!!!):
Hong Kong: The Urban Bakery in the Landmark Building in Central on the first Saturday of each month (Saturday S6th October, 2023) from 11:30 am
Dubai: Holiday Inn, Science Park on the first Wednesday of each month (Wednesday 4th October, 2023) from 7pm
Singapore: The Providore at VivoCity on the first Saturday of each month (Saturday 6th October, 2023) from 10:30 am
Keywords:
Martin Smedley, contractors, property expectations, hotel comparison, clean property, train station access, parking, Expat Property Guy, reverse engineering, mortgage choice, lender, valuer, property valuation, comprehensive summary, interview, property influence, Berlin, Exotic Listener location, WhatsApp group, expat UK property investors, 6-month rule, vanilla lending market, bridging loan, refinancing, Land Registry, refurb costs, borrowing time, interest rates, valuers, commercial mortgages, HMOs, East Midlands.
180 episoade
Manage episode 394612323 series 3309995
#125
Have you heard people talking about commercial mortgages and wondered what they’re on about?
Or maybe you have a basic grasp of what they are but don’t understand the finer details and would like to know how commercial mortgages work.
You'd like to know more about getting a commercial valuation as opposed to getting your property valued on a bricks and mortar basis?
Or perhaps you’re looking for tips and tricks to avoid those frequently dreaded and often misunderstood down valuations.
Well, if any of that sounds like you, this two-part special is most definitely for you as today’s guest is Martin Smedley of Prospero Finance which is part of the Fairstone Financial Management Group
Martin has been arranging finance for over 35 years so what he doesn’t know about investment finance simply isn’t worth knowing.
This week, we cover the difference between the two broad types of valuations: commercial and bricks and mortar and the factors that affect whether your lender will give you a commercial valuation.
We also touch on how Martin and his team maximise their clients’ chances of securing a genuine commercial valuation.
In Part Two, #126 we’ll be looking at ways to influence that valuer to give us as high a valuation as expected.
Leave an honest review of Expat Property Story
Join our Mailing List to join our WhatsApp group AND access our 37 Question Due Diligence Checklist AND our 23 Step Guide to Buying Property at Auction AND our Monthly Newsletter
Follow the Show on Instagram
Tell us the one thing you’re struggling with in UK property
We typically work with time poor professionals get a good return on their money by investing with us. To schedule a call to discuss
As a reminder, here are the details of where to meet other Expat Property Investors (For FREE!!!):
Hong Kong: The Urban Bakery in the Landmark Building in Central on the first Saturday of each month (Saturday S6th October, 2023) from 11:30 am
Dubai: Holiday Inn, Science Park on the first Wednesday of each month (Wednesday 4th October, 2023) from 7pm
Singapore: The Providore at VivoCity on the first Saturday of each month (Saturday 6th October, 2023) from 10:30 am
Keywords:
Martin Smedley, contractors, property expectations, hotel comparison, clean property, train station access, parking, Expat Property Guy, reverse engineering, mortgage choice, lender, valuer, property valuation, comprehensive summary, interview, property influence, Berlin, Exotic Listener location, WhatsApp group, expat UK property investors, 6-month rule, vanilla lending market, bridging loan, refinancing, Land Registry, refurb costs, borrowing time, interest rates, valuers, commercial mortgages, HMOs, East Midlands.
180 episoade
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