Property price $370,000. $2000 reservation fee paid. The deposit = $370,000 x

30% = $111,000 - $2000 (reservation fee) = $109,000. Interest on

$109,000 @ 6% p.a. = $545 per month, paid for 24 months by

the developer = $13,080 added to the purchase price upon completion.

Due to the significantly discounted off-plan contract price and the capital appreciation

during the construction phase, it is anticipated that the £200,000 ($370,000) purchase price will have grown to a property value at completion of circa £325,000 ($601,250)

At this point a 70% loan to value guaranteed mortgage is available and therefore you will be able to borrow up to £227,500 ($420,875). This is clearly ample to pay for the £199,000 ($368,000) (purchase price less £1000 ($2000) reservation fee) that you owe as well as the accrued interest of £7,080 ($13,080) - from the above example.

Assuming you borrowed the maximum loan to value mortgage, available from the example above, you would borrow £227,500 ($420,875) on which the annual interest payment would be £18,200 ($33,670) based on a rate of 8%.

The rental guarantee of 10% of your purchase price of £200,000 ($370,000) will generate you an income of £20,000 ($37,000) each year, should cover your mortgage payments. If you wish you could retain the £59,000 ($109,150) loan you took out for the deposit, pay the interest yourself each month, from completion onwards, and use the money to invest in a further investment property purchase.

We would be delighted to answer any further questions you have regarding the exciting Opportunity as well as helping you to make your reservation in the Caribbean.  Subject to status and conditions apply - please contact us Carlos & Carlos for further information.

If cases where we are unable to obtain finance for you, we will be prepared to refund the £1,000 ($2000) reservation fee.