(00:00):
Hi, this is Ian Jackson again, it's good to see you all again. One of the things we do in building a successful property business is help people through our knowledge and our par team. I was speaking to a client the other day over in Great Britain, [inaudible 00:00:17]. I think they live close, or maybe in London, and they have a residential [inaudible 00:00:25]. So they're thinking of moving out of London into the country, and they were thinking of how they were going to get a mortgage.
(00:36):
So, call the mortgage broker to say, "Look, I'm going to buy a house in the country. How would I get a mortgage for it?" And of course, immediately the broker said, "Look, you won't be able to get on a low mortgage, because you already have a residential mortgage, so you have..." and he was sort of trying to say that "You won't be able to get any more." And when they discussed that with me, on passing, and we met them at a networking event, I was able to say, "Look, this is not true at all. You probably are working with a broker who's more residential-geared than they are geared from the point of view of building a successful property business."
(01:21):
So one of the things you get in the partnership with us, is that we have our own power team, and we have our own mortgage brokers, we have two, and they're selected specifically. One of them I've used since 2004, and he is really geared up to working with people in the property business. In fact, when you ask him to do a residential, he has to think, "What information do I need different?" as it were. But that's all because that I've spent the time, built the business and built the par team, so we can build a successful property business. Now, of course, I'm going to share this contact with the person that we met in London. And I know that the solution for this person is most likely to be that just switch your residential mortgage into a buy-to-let, or just buy your residential on a buy-to-let mortgage. They have also got another two investments, so there's cash in them that possibly could be taken out. So there's lots of ways.
(02:30):
So when somebody says no to you, this is where we strive forward, because we built associations with professional people. They assist us, and add into our par team. So, wish you well in building a successful property business. If there's anything we can do to help, please let us know. If you even just want to ask a question, we're happy enough to give you some guidance and advice. So, look forward to hearing from you, this is Ian Jackson.
