Property Q&A 15th May 2020

In this episode, I respond to the following questions:

Elena Haniotis
Hi, do you know if there are any 85% LTV mortgages available? The mortgage I had a decision in principle on before the lockdown was withdrawn, but the house I’m after is still available, but I only have 15% deposit.

Colin Chapman
Hi Antony, my wife and I had an offer accepted just before the lockdown, if the property market is volatile at the moment, do you think we should withdraw our offer?

Mark Jeffries
Wonderful topic Antony Antoniou. I’m trying to work out the best way to hand over my home to my children, to avoid any complications in the future, but my wife is concerned that she could be bullied out of her home if anything happens to me, as she is their step-mother. I’ve enquired about trusts, but they seem expensive and I’m not completely convinced that she will be safe. Have you had any similar cases? Any suggestions?

Michael Bateman
Hi Antony, we had our eye on a beautiful home, but our sale stalled due to the lockdown. I’m now concerned that we won’t sell in time to buy this house, do you have any suggestions please?

If you have any questions about property, please feel free to comment or contact me directly.

Any suggestions I make are purely suggestions, you should always seek professional advice on any financial matter