ducata replied to the topic When to get out and how much of a hit to take in the forum Help Needed! 15 years ago
thanks guysI have restructured the loans to IO and decided to stick it out for the long termwas amazed at the drop in repaymentscheersMitch
ducata replied to the topic When to get out and how much of a hit to take in the forum Help Needed! 15 years ago
The problem property was not originally purchased as an investment, and is I&P. My circumstances have changed since buying the property. Originally it was purchased as my private residence in my own name, hence I incur more tax on the repayments due to distributing trust funds into my personal account. Due to changing circumstances I now live in a…[Read more]
