Live Breaking News & Updates on National Shruti Sayed

Financial considerations before buying a property
Buyers should try to pay as much in cash as possible for a property, limiting the mortgage value to as little as they can afford. This means they not only pay less in interest but their monthly costs are also reduced. Ideally, the monthly mortgage payment should not exceed 20 per cent of the purchaser’s total household income, says Carol Glynn, founder of Conscious Finance Coaching.
“If it’s a rental property, plan for the property to have periods when it does not have a tenant. Ensure you have enough cash set aside to pay the mortgage and other costs during these periods, ideally at least six months,” she says.  ....

United Arab Emirates , Muhammad Iqbal , City Of , United Kingdom , Carol Glynn , Ras Al Khor , Christopher Davies , Shruti Sayed , Abu Dhabi , Lewis Allsopp , Central Bank , National Shruti Sayed , Dubai Land Department , Afry Group , National Muhammad Iqbal , Conscious Finance , Jumeirah Village Circle , Mohammed Bin Rashid City , Antonie Robertson , Jumeirah Park , Jumeirah Lakes Towers , Downtown Dubai , Deepthi Nair , Personal Finance , ஒன்றுபட்டது அரபு அமீரகங்கள் , முஹம்மது இக்ப்யால் ,