mellowtool replied to the topic Purchase as PPOR, change to IP loan structure in the forum Help Needed! 12 years, 6 months ago
Thanks for your comments. To respond:I have been to banks to see how much they will lend and that I can comfortably afford. This is how I have come up with these figures. If I don't use the 300K as deposit I will not be able to borrow enough as we do not earn a lot at the moment. I was under the impression that I would be able to borrow against…[Read more]