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Hi James & Mel….thanks so much for your info, it’s much the same as I’ve read and been advised so I’ll go with it! Just wanted to make sure that I was on the right track!
Many thanks, will keep in touchThanks both for the info. Forgive my ignorance but I cant see the reasoning to borrowing the whole amount ( returns from both properties may not cover all costs monthly) when I could borrow less, with my own deposit and feel comfortable about monthly costs. I’m pretty naive when it comes to numbers, % etc etc.My lender is telling me much the same as you two but I still cant grasp WHY!!!!
Please enlighten me a little further[?]Thanks guys
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