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    Funding settlement shortfall and deductibility

    Hi Terry Yes, highly leveraged - this purchase is 105% borrowed. I've refinanced another house to 90% LVR. A second separate loan is secured by this house, and will serve as the deposit, stamp duty for the new purchase. The house is otherwised financed by a 3rd separate loan with another...
  2. B

    Funding settlement shortfall and deductibility

    Learned members, My purchase is set up as following: 95% loan 10% equity release - deposit and stamp duty Let's say the equity release doesn't come through in time for settlement (as it requires a change of lender and discharge of existing mortgage), how can I fund the shortfall...
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