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Hi Kev, I'm not confused in the slightest, sometimes I think, then again maybe I am. But not related to this topic anyway:D If you use your money to buy an annuity, then you have to borrow more for the actual property as you now have a lower deposit. Hence the cost is equivalent to if...

Hi all, Kev, If the "price" of the annuity is 2.5% pa, then the Lo Doc loan is a far better proposition with the far higher deposit. Also with a +geared property(has to be due to no other income) the risk of no cap growth over say 5 years could come back to bite you if you went the...