Recent content by otis.cole

The maintenance plan needs to be compared with the actual building condition and the reserve forecast. Check whether exterior work includes only finishes or also waterproofing, balconies, windows or other shared elements, because vague wording can hide very different costs. Insurance is...

What exactly is the regulatory concern—ordinary long-term tenancy, intended short stays, or some restriction tied to the building? Those are different operating assumptions. Without that detail, “regulation risk” is too broad to price into the yield.

I would not make portability a major part of the calculation until the lender explains its conditions in writing. “Portable” may not mean an automatic transfer to any future property; a later move could still depend on approval and the new purchase. Treat portability as a possible benefit, not...

What is missing is the lender’s full repayment illustration and the exact fee structure. Are the arrangement fees paid upfront or added to the balance? If financed, they also attract interest. I would also ask how much a lower loan-to-value tier would require from you, then compare that extra...