Thanks for your comments Richard.
I will certainly look at uncrossing the 2 IPs, as this should allow access to some equity for investment in further IPs?
Would it be worthwhile having an offset loan on the PPOR to use for renovations and deposit for future PPOR?
regards
Roy

Thanks for your comments Jamie.
I fell victim to cross collateralisation due to lack of knowledge.
Only learned about it after it had been done. Didn’t realise that the lender
had set it up to ensure a safer/stronger control over my assets.

How would you suggest i obtain the funds for extension/renovation of PPOR?
I thought an offset loan would…[Read more]

Hi RichardYour comments are greatly appreciated. I was about to setup a St George Portfolio Loanwith our PPOR and IP (both are currently under separate loans with SGB), which I suspect would have been x-collateralised under the Portfolio Loan. I now see that strategy as flawed. We are hoping to buy several IP's over the years and want to set up t…[Read more]