Hi I'm relatively new to property investment, and I'd be really grateful to know what you fellow investors would advise in the following situation please.... In the 90's I couldn't get on the UK property ladder in London because I was new out of Uni, didn't have any cash, earned crap money, plus couldn't believe the Uk property boom could possibly keep on going. The upshot was that by the time I could and did buy in 2002, I'd missed most of the big gains and had to take on a huge mortgage to be able to buy at all. So I paid 260K for my first London property, with a 240K mortgage on a 5.19% fix, renewable mid next year. The property is now worth about 350K. In the past year I've been lucky workwise and have earned well very suddenly. So I've invested 170K in 3 Polish properties, 2 of which have seen big gains, albeit on paper. I own these more or less outright, with borrowing of only about 20K, and not against my UK property. Over the next six months I'll have about another 100K cash to invest. So this is my dilemma .... I'm torn over whether to pump this into foreign property and rapidly build my CEE / foreign portfolio which would be possible with the capital I have.... ....or whether to sit tight on this money for now, based on the fact that the UK is wobbling, interest rates are on the rise, and cash will be King if things go tits up in the UK anytime soon. Any ideas welcome? Thanks D

Hi, I cannot see London wobbling with the ongoing supply/demand scenario and you are at the lower price end also....but it does of course depend on what area you are in?. Sounds like you have very low gearing but I would imagine a financial advisor would tell you to spread your risk possibly into another emerging country for any further property purchases?