Interest-only mortgages becoming a thing of the past?!

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Interest-only mortgages becoming a thing of the past?!
Welcome to this week's newsletter and I hope you had a good break last weekend. It's back to business now though and I'd like to start by congratulating all those who managed to buy a unit in Central Park in Prague. It was a fantastic opportunity and you clearly thought so too - we had great demand for this one. Which brings me to our next deal, Tampa Gardens back in Brasov (the same booming, lively city in which Bellevue Residence proved so popular, remember?), Romania.

But what makes this one different? The price - it is remarkably low for the Romanian market, which means you can get in for less money and less risk! More on this later though.

We've got our usual range of articles covering an array of property subjects, home and abroad, and more on upcoming Property Secrets events. Straight to it then!
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L A T E S T   A R T I C L E S
Article of the Week

Passing interest - Is the Interest-only mortgage market all spent up?




One in five lenders are now refusing to let customers choose an interest-only mortgage...Tony Booth takes a look at the investor's loan of choice...
In Brief

Build to Let - Fancy turning property developer?
Property Basics: Legal responsibilities of a landlord
Landlord's Clinic: Rogue letting agents
Focus on Finance - Buy to Let Rates Continue to be Relaxed
When All Else Fails, There's Always The Ombudsman
T A M P A   G A R D E N S
Brasov, Romania
Tampa Gardens Investment Report » Exceptional location at the base of Tampa Mountain, within close proximity to the city centre

» One of the lowest prices available in the Romanian market, from €675–€878/sqm; 8.78% below market value

» Best units in the development secured exclusively for Property Secrets – 60% of the development has already been sold to the local market

» Better structured payment terms negotiated exclusively for Property Secrets’ clients

Tampa Gardens offers investors the opportunity to buy into the high growth Romanian market at inexpensive prices and in a great location in the city of Brasov

Comprising 256 units in total, Property Secrets has secured 40 of the best units in Tampa Gardens, a development located just outside the centre of Brasov, Romania's second city.

We are also offering these units at a discount of 8.78% to market value. The developer expects a price increase of 15-25% during construction.

Capital growth is expected to be high, local demand is strong and the entry level cost is low; Tampa Gardens is a superb opportunity to enter the Romanian market at low risk and low cost.
O N L I N E
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O T H E R   N E W S

Last call for the Irish Investor Roadshow!

Registration for all five venues on the Property Secrets Irish Investor Roadshow closes at 5pm on Monday 16th April, so if you intend to come along to one of our events then you MUST book your place before then! We've had great demand, especially for Cork and Dublin, so the Roadshow promises to be a great event for all who attend. Click the baner below to find out more and book:

Property Secrets' expert analysts, investment brokers and legal experts will be on hand across these events to provide you with the information you need to make the most of your investments - whether in Ireland, the UK or Central and Eastern Europe - and answer any questions you may have. A rare opportunity to quiz the experts - book now!

CEE Mortgages Uncovered

We at Property Secrets are determined to uncover the truth of the mortgage situation in the CEE markets in which we operate and we need your help to do it. To get a clearer picture of just what is available to the foreign investor - and relay that information to you so you can make better informed investment decisions - we're asking you to give us details and comments of YOUR experiences when obtaining a mortgage on the units you have bought through us.

By providing us with this information you will help us to provide a comprehensive, true picture of the mortgage possibilities across Central and Eastern Europe, vital for yourselves and your fellow investors - and us! Follow this link to start rating your CEE mortgage experiences.
That's all for this week. Happy investing!

Cheers

Chief Executive Officer
Property Secrets

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