Good to know.
Not if I can help it but not counting on it. Will be very difficult to find something permanent before then, especially in my area of expertise.
Circa 70%.
Fortunately the likelihood of flipping at a loss is very low given unless the bottom well and truly falls out of...
Thanks for the reply.
We had pre-approval to purchase as owner-occupiers with dual incomes but given I lost my job very recently things have obviously changed significantly both in terms of our eligibility for different loan types and our intention to hold versus sell.
Scenario:
- OTP property due for completion & settlement mid-June
- 10% deposit paid
- Partner & I entered contract both employed with significant income to service loan
- I have since lost my job and partner's income insufficient to service loan as owner-occupier
- However, partner's...