Lynx Odyssey https://www.lynxodyssey.com/en/ Asesores del sector inmobiliario Mon, 29 Jan 2024 12:06:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://www.lynxodyssey.com/wp-content/uploads/2022/04/Logo-100x100.webp Lynx Odyssey https://www.lynxodyssey.com/en/ 32 32 Differences between a fixed and variable mortgage https://www.lynxodyssey.com/en/2023/04/17/differences-between-a-fixed-and-variable-mortgage/ Mon, 17 Apr 2023 12:58:15 +0000 https://www.lynxodyssey.com/2023/04/17/differences-between-a-fixed-and-variable-mortgage/ La entrada Differences between a fixed and variable mortgage se publicó primero en Lynx Odyssey.

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Differences between a fixed and variable mortgage

If you have recently been thinking about buying, it is very likely that you are clear that you will need to acquire a mortgage. However, we are sure that you have searched among the various options that exist on the market today, and it is possible that right now you feel some confusion regarding some concepts. It is for this reason that in this article we want to resolve some conceptual doubts about the two most common types of mortgage in the current context. Indeed, we are referring to the fixed and the variable.

What differentiates fixed mortgages from variable ones?

When the time comes to choose a mortgage, the question arises: fixed or variable? In this sense, we want to clarify what the main difference between the two is. In this sense, fixed mortgages charge the same from the moment they are contracted until they end. On the other hand, variable mortgages have an interest rate that changes over time. That said, although this would be the main difference between the two, there are other aspects that we must consider.

There are more differential elements between both mortgages.

As we have said, it is important that you know that there are more differentiating elements between both mortgages. Below we review two of the most important.

  • The interest: keep in mind that in variable mortgages the interest is calculated by adding the Euribor to a fixed differential which changes depending on the banking entity. In fixed ones, on the other hand, you will always pay the same interest.
  • The fixed exit rate: variable mortgages charge a fixed exit rate during the first months. A fixed interest that is usually maintained for one or two years to which the variable rate then begins to apply. This does not happen with fixed mortgages.

It is true that there are more details that can make the difference between both mortgages, although these that we have explained to you are the most relevant. However, if we have not resolved your questions, we encourage you to contact our team to resolve them.

Do you have more questions? We will be happy to help you resolve any issue.

La entrada Differences between a fixed and variable mortgage se publicó primero en Lynx Odyssey.

]]> Business transfer: tips before buying https://www.lynxodyssey.com/en/2023/04/11/business-transfer-tips-before-buying/ Tue, 11 Apr 2023 18:05:18 +0000 https://www.lynxodyssey.com/2023/04/11/business-transfer-tips-before-buying/ La entrada Business transfer: tips before buying se publicó primero en Lynx Odyssey.

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We give you the keys to make the business transfer a success

If you are one of those who are thinking about starting a business by purchasing companies or businesses, this article will interest you. In many cases, it is an option that provides greater security than starting a business from scratch. However, this usually entails somewhat higher costs, although on the contrary stability is a safer value.

In this article we want to give you some tips that you should take into account before buying. Take note of each one of them! We are more than sure that they will be very useful in your next moves.

Take note of these tips for your future business agreement

It is time to recap the most important points that you should consider before making your investment. Let’s go!

Be sure of the business you want to buy

Be clear that you want to assume those responsibilities. Managing a business that is already active requires a lot of time and responsibility. Seek support from your environment and partners.

Be an expert in the sector

Before making your purchase, make sure you know well the sector in which you are going to operate. Always opt for the activities you master. Analyzes the evolution and perspectives of the sector.

Having or not influencing the company

If you are going to buy but without having influence in the company, you should expect some profitability in the medium term. If you participate actively, you must add the remuneration for your efforts as owner or administrator.

The operation of the company

You will have to take into account whether it is a company that flows on its own or, on the contrary, depends on its leader. This will be a key factor that will determine your personal life.

 

Remember that whatever your final decision, when we talk about transferring a business you always have to have a plan B. The business world is unexplorable and it is good that we contemplate a variety of scenarios, both bad and good. This way we will always have new options up our sleeve that can save us from more than one situation.

If you are reading us fromTerrassa or surrounding areas, keep in mind that the Lynx Odissey team is fully at your disposal to advise you throughout the process. We will be happy to be your support in any business purchase or sale operation.

Do you have more questions? We will be happy to help you resolve any issue.

La entrada Business transfer: tips before buying se publicó primero en Lynx Odyssey.

]]> Old rental rentals: what you need to know https://www.lynxodyssey.com/en/2023/04/03/old-rental-rentals-what-you-need-to-know/ Mon, 03 Apr 2023 10:42:28 +0000 https://www.lynxodyssey.com/2023/04/03/old-rental-rentals-what-you-need-to-know/ La entrada Old rental rentals: what you need to know se publicó primero en Lynx Odyssey.

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We tell you the fundamental aspects about old rentals.

Let’s start with the basics. Nowadays old rental contracts are no longer signed. However, there are still many tenants who have this type of contract. Therefore, it is important that you take a look at the information that we will present to you throughout this article. In this way, you will be able to learn some keys about this type of income as well as its most important characteristics. Let’s go!

What is an old rent?

Old rental contracts are considered to be those signed between 1950 and 1985. The characteristic of these contracts is that they allowed lifelong tenants access to rental housing. This must be understood in a crisis context where it was very complicated to buy and many families opted for renting. Some of these contracts were even passed from father to son. However, in 1994 actions began to be taken so that this type of rental would gradually disappear as the real estate market modernized.

Rights of tenants

Now that we know what the main characteristics of old rentals are, we will see what the rights of their tenants are.

 

  • In this sense, and without a doubt, the main right of a tenant of this type of rental is that his contract can be extended indefinite . Now, beyond this right there are the following:
  • Tenants pay below the market rent. Or in other words, they have their rent frozen. Although old income can sometimes be adjusted according to the CPI, this increase does not usually represent a significant percentage.
  • The tenant has the right to both purchase and preferential rental in case the owner decides to sell or rent the apartment again.< /span>
  • With the 1994 reform it is no longer possible for the old income to pass from parents to children. Now, it can happen to the spouses in the event that there have been no prior surrogacy.

Do you have more questions? We will be happy to help you resolve any issue.

La entrada Old rental rentals: what you need to know se publicó primero en Lynx Odyssey.

]]> When should a will be made? https://www.lynxodyssey.com/en/2023/03/23/when-should-a-will-be-made/ Thu, 23 Mar 2023 11:53:06 +0000 https://www.lynxodyssey.com/2023/03/23/when-should-a-will-be-made/ La entrada When should a will be made? se publicó primero en Lynx Odyssey.

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Why it is important to make a will

If you follow our blog you will have seen that we have already talked about wills on previous occasions. In today’s article, we want to give you some more keys about the will so that you become an expert on the subject. That said, we will start by telling you that it is the most well-known and used legal tool to guarantee that the will of a deceased person is carried out. Or put another way, this document determines who will be the beneficiary of our assets. That said, let’s go a little deeper.

When and why a will should be made

As we have mentioned, the will allows us to decide the fate of our assets. And above all, know that our will will be fulfilled. Contrary to what many think, it is a simple and economical process. In addition, it facilitates the transmission of assets, avoiding family conflicts.

When is the best time to write it

To this question, there are countless answers. However, and being pragmatic, the most accurate would be from the moment the person has their own assets. Furthermore, from certain ages onwards, it is advisable to prepare it before illnesses or certain accidents may appear.

Can a will be modified?

Doubts about whether a will is subject to modification are common. The answer is yes. One can modify their will as many times as they want. Of course, it will always be necessary to do it before a notary. Finally, it is important that you know that the document that will have legal value will be the last one. That is, the one that was written with the most recent date of death.

Do you have more questions? We will be happy to help you resolve any issue.

La entrada When should a will be made? se publicó primero en Lynx Odyssey.

]]> What is a reverse mortgage? https://www.lynxodyssey.com/en/2023/03/14/what-is-a-reverse-mortgage/ Tue, 14 Mar 2023 10:50:01 +0000 https://www.lynxodyssey.com/2023/03/14/what-is-a-reverse-mortgage/ La entrada What is a reverse mortgage? se publicó primero en Lynx Odyssey.

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How a reverse mortgage works

We’re sure you know how traditional mortgages work. However, in case you do not know it, we encourage you to visit our blog to learn how it works. However, in this entry we want to introduce you to the reverse mortgage. As its name suggests, it works in the opposite way to a normal mortgage. But what does this mean?

Especially aimed at people over 65 years of age

In general terms, a reverse mortgage is aimed at clients whose age is equal to or greater than 65 years. However, you will have to check this detail with the bank since this figure may vary. The condition is that the owner has a home that he will mortgage in exchange for receiving a monthly income that will be temporary, for life or for a single use , depending on the contract established with the bank.

What homes are banks interested in?

At this point it is important to know that not all homes play in the same division. That is, not everyone is eligible to obtain a reverse mortgage. In this sense, the value of the house has to be high enough for the bank to be interested. The properties that financial institutions tend to be most interested in are those located in better areas or that have characteristics that make them stand out above the rest. It is important that you know this information as a premise to continue with the process.

What economic value does a reverse mortgage provide

Generally, entities deliver between 25% and 50% of the value of the house given as collateral. Although this percentage is conditioned by both the age of the person requesting the mortgage and the type of home and its condition. Therefore, the amount received by the recipient is usually not very high and is usually conceived as a “complement” to the pension. Be that as it may, each personal case is studied by the financial institution to stipulate what this percentage will be.

Do you have more questions? We will be happy to help you resolve any issue.

La entrada What is a reverse mortgage? se publicó primero en Lynx Odyssey.

]]> The rental price index https://www.lynxodyssey.com/en/2023/03/06/the-rental-price-index/ Mon, 06 Mar 2023 09:29:04 +0000 https://www.lynxodyssey.com/2023/03/06/the-rental-price-index/ La entrada The rental price index se publicó primero en Lynx Odyssey.

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What is the rental price benchmark?

It is clear that when we talk about housing, one of the hottest topics today is rental. There are many people who live this way in our country. That is why it is always interesting to have some basic notions on this topic that may well be applied to our case or that of someone we know or a family member. In this sense, there are countless concepts related to rent. However, in this article we want to focus on the rental price index. Let’s get started!

Transparency for the rental market

The objective of the Rental Price Benchmark is to provide transparency to the market. Therefore, when we refer to it we do so as an indicator. Its existence aims to respond to one of the most curious characteristics of the rental market in Spain: the lack of official statistics on prices. The fact that this data is not available has meant that over time the level of transparency in the rental market is quite low. Something counterproductive for those who live under this model since they do not have basic information patterns.

A database that includes 11.2 million properties

Thus, the first objective of the system is to be able to offer an information base with verified data that allows us to know the current market situation. The objective is to be able to guarantee greater transparency and be able to establish metrics on the evolution of prices. The index can be consulted on the website of the Ministry of Transport, Mobility and Urban Agenda since June 2020. The information presented comes from a database that includes a total of more than 11.2 million real estate properties that have reported rental income during this time since 2015.

What information do you provide us?

This indicator provides us with real estate data. They appear classified according to whether they are collective, single-family or rural housing. In addition, it provides us with the following information.

  • Number of rental homes.
  • Rent (€/m2/month).
  • Amount (€/month).
  • Surface (m2).

It is interesting to remember that until the creation of this index there were no official statistics on this market. The only possible sources came from real estate portals.

Do you have more questions? We will be happy to help you resolve any issue.

La entrada The rental price index se publicó primero en Lynx Odyssey.

]]> The requirements to receive a mortgage https://www.lynxodyssey.com/en/2023/02/23/the-requirements-to-receive-a-mortgage/ Thu, 23 Feb 2023 10:19:51 +0000 https://www.lynxodyssey.com/2023/02/23/the-requirements-to-receive-a-mortgage/ La entrada The requirements to receive a mortgage se publicó primero en Lynx Odyssey.

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These points are the ones that work in favor of the candidate for granting a mortgage.

 

You may be considering the idea of purchasing a property right now. In this sense, one of the first doubts that arise is whether the bank will agree to grant the mortgage in question. Well, in this article we want to provide some keys so that you can have an approximate vision in relation to the requirements. We will tell you what are the details that financial institutions usually like when granting mortgages. Therefore, we encourage you to take note of what we tell you below.

What do banks consider when granting mortgages?

 

These are some of the most common requirements.

Having money saved has always been an initial requirement. Generally, they will ask you to have saved 30% of what you are going to pay for your apartment or house so that the banks can offer you a mortgage.

Without a good salary it is difficult for the bank to decide to grant you the mortgage. If the payments on your mortgage and the rest of your debts do not exceed 35% of your net income, it is very likely that you will be granted.

This is another important point to keep in mind. The objective of financial institutions is for you to be solvent in the next twenty or thirty years. Therefore, stability in your job will be another factor to assess.

Last but not least, banks will be in charge of analyzing your financial history. It is important that when applying for your mortgage you do not have any other outstanding debt since that could work against you.

In many situations it happens that the bank may have doubts about your solvency. In this case, probably, before denying your mortgage, they will propose that another person guarantee you or that they provide their property as collateral. This is a way that financial institutions use to provide security for their operations. While it is true that meeting this requirement will increase the chances of your mortgage being granted, keep in mind that there are also risks. We will let you know about them in another of our articles.

Do you have more questions? We will be happy to help you resolve any issue.

 

La entrada The requirements to receive a mortgage se publicó primero en Lynx Odyssey.

]]> What to do when faced with an inheritance without a will https://www.lynxodyssey.com/en/2023/02/09/what-to-do-when-faced-with-an-inheritance-without-a-will/ Thu, 09 Feb 2023 09:54:37 +0000 https://www.lynxodyssey.com/2023/02/09/what-to-do-when-faced-with-an-inheritance-without-a-will/ La entrada What to do when faced with an inheritance without a will se publicó primero en Lynx Odyssey.

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Are inheritances without a will common?

On many occasions, the situation arises in which a family member dies without having made a will. In this sense, if the death of a loved one is already a complicated matter, we want you to understand that inheritances and wills are not. Therefore, in this article we want to introduce you to some of the most important concepts that are good for you to learn to better deal with, and in legal terms, situations like these. Take note of the following explanations, we are sure that they will be very useful to you.

How the concepts of inheritance and will differ

That said, and although it may seem strange, we once again emphasize that most people do not usually make a will before their death. Therefore, it is not an anomaly to find inheritances without a will.

Now, it is interesting that we distinguish how the concepts of inheritance and will differ. Well, the first term refers to the rights, assets and obligations that are inherited directly from a person after their death. On the other hand, the will is the document that includes the individual’s voluntary declaration where the wishes of that person are set out in relation to their assets once they have died.

How to deal with an inheritance without a will

In these situations, that is, when there is no inheritance without a testamentary heir, the assets are distributed among the relatives of the deceased, his or her spouse, descendants, ascendants or collaterals. If they do not have heirs, they pass to the State. When the heirs have already been determined, the Declaration of heirs must be made before a Notary, which is the step prior to accepting the inheritance.

It is important that we understand that this order of succession is established by law. Or put another way, it is part of the civil code. Therefore, this mentioned order cannot be skipped or altered unless described in the law itself.

Do you have more questions? We will be happy to help you resolve any issue.

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¡El futuro está aquí y es el momento perfecto p ¡El futuro está aquí y es el momento perfecto para invertir en bienes inmuebles en 2023! <img src=🏠✨ En nuestra asesoría y consultoría inmobiliaria, entendemos la importancia de tomar decisiones inteligentes en el mundo de las inversiones. Este año, el mercado de bienes raíces se presenta como una oportunidad única para hacer crecer tu patrimonio y asegurar un futuro sólido. ¿Por qué invertir en bienes inmuebles en 2023? 📈 1⃣ Estabilidad y seguridad: A pesar de los cambios económicos, los bienes inmuebles continúan siendo una inversión confiable y segura. Proporcionan estabilidad a largo plazo y actúan como un escudo contra la volatilidad de otros mercados. 2⃣ Valorización constante: En el transcurso del tiempo, los bienes inmuebles tienden a aumentar su valor. ¡Es como tener un activo que trabaja para ti! Además, con nuestro equipo de expertos, te guiaremos hacia las mejores oportunidades de inversión para maximizar tus ganancias. 3⃣ Rentabilidad y flujo de ingresos: Invertir en propiedades te permite generar ingresos pasivos a través del alquiler. Obtén una rentabilidad constante y asegura un flujo de ingresos adicional para alcanzar tus metas financieras. 4⃣ Diversificación de tu portafolio: Una estrategia de inversión sólida implica diversificar tu portafolio. Los bienes inmuebles son una excelente opción para complementar tus inversiones en acciones, bonos u otros activos. ¡Permítenos ser tu guía en el emocionante mundo de la inversión inmobiliaria en 2023! 🌟 Contáctanos hoy mismo y descubre cómo podemos ayudarte a alcanzar tus metas financieras a través de nuestras servicios de asesoría y consultoría inmobiliaria. #InversionesInmobiliarias #AsesoríaInmobiliaria #ConsultoríaInmobiliaria #2023Inmobiliario #CrecimientoPatrimonial #InversionInteligente">

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]]> What is the order of hereditary succession? https://www.lynxodyssey.com/en/2023/01/24/what-is-the-order-of-hereditary-succession/ Tue, 24 Jan 2023 11:13:19 +0000 https://www.lynxodyssey.com/2023/01/24/what-is-the-order-of-hereditary-succession/ La entrada What is the order of hereditary succession? se publicó primero en Lynx Odyssey.

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This is the order for inheritances without a will

When we encounter the situation that a person has died without having made his will, the order of hereditary succession appears. The succession order usually establishes that the children and direct descendants of the deceased have the highest priority. However, in this article we will analyze the current order established so that you know in detail what happens in each situation.

The rules of succession

As we have commented, the succession will be carried out according to established rules. Kinship rules will also be considered.

Children and their descendants are those who succeed the parents and other ascendants. There is no distinction of sex, age or affiliation.

  • Children always inherit by their own right and divide the inheritance equally.
  • Grandchildren and other descendants inherit by right of representation. In the event that someone has died leaving more heirs, the portion is divided among them equally.
  • In case there are children and descendants of other deceased children. The former inherit by right and the latter by representation.

As there are no children or descendants, it is the ascendants of the deceased who inherit.

  • Father and mother inherit equally. If only one of the two is alive, he or she will take the entire inheritance. And if neither of them lives, the ascendants closest in degree will succeed.
  • In the event that there are several ascendants in the same degree, the entire inheritance will be distributed among them.

If there are no descendants or ascendants, it will be the spouse who inherits everything as long as they are not judicially or de facto separated.

In the absence of the above, it will be brothers and children of brothers who will inherit.

We recommend that you contact us with any questions regarding this point. We will be happy to advise you.

If the above are not found, it will be the other relatives who will succeed in a collateral line until the fourth degree, beyond which this right no longer extends.

If there are no relatives with the right to inherit, the inheritance will pass to the State once the judicial declaration of the heir is made.

We are aware that this is a complex issue that, although it can be simplified based on simpler explanations, usually requires advice. Therefore, we recommend that you contact us if you have any questions. We will be happy to help you throughout the process, as well as to resolve any questions or concerns of any nature.

Our team is looking forward to resolving your questions.

[contact-form-7]
Can we help you?

Contact

info@lynxodyssey.com
C/ Volta, 28, Terrassa, Barcelona, España 08224
lynx.odyssey

lynx.odyssey
¡El futuro está aquí y es el momento perfecto p ¡El futuro está aquí y es el momento perfecto para invertir en bienes inmuebles en 2023! <img src=🏠✨ En nuestra asesoría y consultoría inmobiliaria, entendemos la importancia de tomar decisiones inteligentes en el mundo de las inversiones. Este año, el mercado de bienes raíces se presenta como una oportunidad única para hacer crecer tu patrimonio y asegurar un futuro sólido. ¿Por qué invertir en bienes inmuebles en 2023? 📈 1⃣ Estabilidad y seguridad: A pesar de los cambios económicos, los bienes inmuebles continúan siendo una inversión confiable y segura. Proporcionan estabilidad a largo plazo y actúan como un escudo contra la volatilidad de otros mercados. 2⃣ Valorización constante: En el transcurso del tiempo, los bienes inmuebles tienden a aumentar su valor. ¡Es como tener un activo que trabaja para ti! Además, con nuestro equipo de expertos, te guiaremos hacia las mejores oportunidades de inversión para maximizar tus ganancias. 3⃣ Rentabilidad y flujo de ingresos: Invertir en propiedades te permite generar ingresos pasivos a través del alquiler. Obtén una rentabilidad constante y asegura un flujo de ingresos adicional para alcanzar tus metas financieras. 4⃣ Diversificación de tu portafolio: Una estrategia de inversión sólida implica diversificar tu portafolio. Los bienes inmuebles son una excelente opción para complementar tus inversiones en acciones, bonos u otros activos. ¡Permítenos ser tu guía en el emocionante mundo de la inversión inmobiliaria en 2023! 🌟 Contáctanos hoy mismo y descubre cómo podemos ayudarte a alcanzar tus metas financieras a través de nuestras servicios de asesoría y consultoría inmobiliaria. #InversionesInmobiliarias #AsesoríaInmobiliaria #ConsultoríaInmobiliaria #2023Inmobiliario #CrecimientoPatrimonial #InversionInteligente">

La entrada What is the order of hereditary succession? se publicó primero en Lynx Odyssey.

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