[chappers]

Hi, am new to overseas property investment.

I am in the early stages and am doing a lot of research.

My question is this. I have a relatively small mortgage on my home here in the uk, and currently a lot of equity (approx. £200K). Lots of people keep telling me i am in a good position to invest in property. Am I ? Is using equity in your home, in order to finance an overseas property investment, a wise idea ?

And also, can anyone give me a basic illustration of how the finance would work, what i would pay, when, how much per month etc etc, so i can get a real rough idea on how the costs etc would pan out.