Hi Stricker – if you have a sandwich Lease/Option, why are you buying the property to onsell? I’d have thought you would be selling your Option-to-buy only. You never actually take title of the property. CGT would be paid on the profit you make from selling the option, and I think (but am not sure) that there is stamp duty on the option also (eg…[Read more]

Hi Walkernick – you may be able to use a deposit bond in this instance, keeping your own capital free. The deposit and the bond cost may also be covered by the mortgage, if you get a loan based on value rather than on the sale price (that is if you’ve bought at a price lower than value, and can cosmetically clean the place up prior to settlement)…[Read more]