Understanding Property Finance

For investors who keep getting declined and do not know why

Being declined for a mortgage with no real explanation is one of the most demoralising experiences in property, and one of the most misunderstood. This book explains why property finance behaves as it does, for investors who keep being turned down and do not know why. It sets out why property finance exists and who this knowledge helps, and asks you to assess your own position honestly before making another hopeful application. You will see the whole finance process in a shape you can hold in your head, what you genuinely need to get funded and which barriers beginners overestimate or underestimate. A thirty-day plan puts that into practice, and a chapter covers the five mistakes that quietly cause most declines. It ends with the lender tests you must understand next, because they decide whether the money will be there for any deal you find. Next in this series: “Stress Tests, ICR and Affordability”.

What’s inside

• Why this strategy exists, and who it is really for
• Is this you? An honest self-assessment
• The whole process in five minutes
• What you genuinely need to begin, and what you do not
• Your first thirty days, step by step
• The five mistakes that cost beginners the most
• What you must work out next, and why it decides everything

Educational material only, not financial, legal or tax advice. Results are not typical and are not a guarantee of income. Freedom Property Academy LTD, registered in England and Wales.