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  1. R

    Serviced Apartments???

    Hi PM Serviced apptmts for most lenders are a commercial proposition because usually the fuel that gives them the good cashflow ( the ongoing lease to the commercial operator) is also the achilles heel. The lender sees that if the borrower defaults, under the terms of most of these leases...
  2. R

    Serviced Apartments???

    Hiya In general Not a good look on the finance side.........meaning that resale tends to be a restricted to investors that can stump up 20 to 40 % deposit.........you'd want a mighty good rtn to make up for that loss of gearing. ta rolf
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