Thanks Battleships,
I have 2 alternatives – wait another 4-6 months and have no personal debt – or buy this and gain a MAJOR tax benefit ie. extra 10K plus with which to pay out my personal debt.

I fully understand (& have read) re paying off personal debt, however I believe this is an exception. I just don’t know whether to get a personal loan or a 2nd mortgage to cover it. I am confident of being able to service the debt – no matter what. I just need advice re the best method for clearing personal debt in this instance.

Once free, never to return to incurring high levels of personal debt!!!

GJC