P535 Teletext 535 Dec11 23:16:26   & MORTGAGES  ——————————————————————————————————————— OVERSEAS PROPERTY BUYS BECOMING HOT With UK house prices predicted to fall in 2005, investing in property overseas has become an attractive proposition. Not only will you stand a chance of seeing your money grow over the next few years, but you will also have a holiday home. If it is in a desirable location, you can always let the property out when not in use to cover costs or, if it is mortgage-free, to provide an income. ——————————————————————————————————1/7—— by Linsey McNeill IS LOVE IN THE AIR FOR YOU? p348 Mortgages Save Kids' cash Planet
P535 Teletext 535 Dec11 23:12:12   % MORTGAGES  ——————————————————————————————————————— OVERSEAS PROPERTY BUYS BECOMING HOT When buying a property abroad, making an outright purchase is the simplest option - but not always the best if you are planning to rent it out. You will be responsible for finding tenants, maintaining the property and paying all the bills. This probably means appointing a local agent, which will cost money and there is no guarantee they will find tenants to fill the property all year round. ——————————————————————————————————2/7—— "Best buy" personal loans 546 IS LOVE IN THE AIR FOR YOU? p348 Mortgages Save Kids' cash Planet
P535 Teletext 535 Dec11 23:17:29   & MORTGAGES  ——————————————————————————————————————— OVERSEAS PROPERTY BUYS BECOMING H/T An option to managing your own overseas property is to buy a newly-built one, usually an apartment or villa, that comes with a leaseback contract. The contracts guarantee a rental income for a fixed number of years, based on the value of the property. Incomes depend on the location of the property and the number of weeks you reserve for personal use, but typically they range from 2.5%-7% of the price. ——————————————————————————————————3/7—— "Best buy" credit cards 546 Unlock Your Pension For Cash and/or Income ITV1 p356 Mortgages Save Kids' cash Planet
P535 Teletext 535 Dec11 23:13:46   & MORTGAGES  ——————————————————————————————————————— OVERSEAS PROPERTY BUYS BECOMING HOT Another advantage of buzing an overseas property with a leaseback contract is that it usually comes fully-furnished and ready to let. The developer also takes care of all charges such as heating, electricity and maintenance. Bear in mind, though, that the weekly income you will receive will be lower than you could get on the open market. But at least it will be guaranteed. ——————————————————————————————————4/7—— Personal Finance headlines today 531 WANT THE LATEST JAVA GAMES? SEE p679 Mortgages Save Kids' cash Planet
P535 Teletext 535 Dec11 23:18:22   & MORTGAGES  ——————————————————————————————————————— OVERSEAS PROPERTY BUYS BECOMING HOT Another option to buying an overseas property outright is "fractional ownership". It means buying a share in a place with several other investors. The investors normally form a company to buy the freehold and they take equal shares in the company. Each investor has the right to use the property for an agreed number of weeks each year and each shares in the annual rental income and the running costs. ——————————————————————————————————5/7—— Work out your holiday money 547 For all the seasonal fun in your area go to our Christmas event guide p345 Mortgages Save Kids' cash Planet
P535 Teletext 535 Dec11 23:17:41   & MORTGAGES  ——————————————————————————————————————— OVERSEAS PROPERTY BUYS BECOMING HOT You can buy overseas properties through several UK agencies, some of which also bring together compatible investors. They include www.property-abroad.com, where2invest.co.uk, Overseas Real Estate (www.overseasrealestate.co.uk) and UK Overseas (08701 149807). To find out more, visit one of the big overseas property exhibitions. The International Property Show is next held in London on February 5-6. ——————————————————————————————————6/7—— Are you a Premium Bond winner? 539 WHAT'S ON THE BOX TONIGHT? p121 Mortgages Save Kids' cash Planet
P535 Teletext 535 Dec11 23:18:15 Advertisement Mortgages >>> 7/7              ^ Calls may be monitored/recorded. Age18+. Subject to status/security/ conditions. Right of set off reserved Details & written quotations avail- able on request YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT Mortgages Save Kids' cash Planet