She Renovates

“So, if you are going for a loan at the moment, or if you anticipate in the next month or so, go this fortnight before that raise because you'll actually be assessed at a lower rate. So you need to understand that if you want to borrow money and you think you're a bit too close, get in sooner rather than later.” - Louise Lucas EPISODE HIGHLIGHTS:  00:39 Meet Louise Lucas 02:23 Supporting Wonder Woman financing 03:33 The complexity of current lending rules 04:00 Know which lenders are assessing rental income at higher percentages 06:32 Louise's knowledge and contacts in the banking industry 07:00 Recent interest rate rise and Louise's Insights 09:15 Advice for those seeking loans 11:00 Using rental statements to help get loans for renovation projects 12:55 Discussion of the buffer and its impact on mortgage payments 16:51 Borrowing with friends or family members  18:45 Structuring investment partnership 20:37 The reverse mortgage strategy for renovating retirement 25:23 Having a buffer account for