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I usually get clients to park it in the redraw for future use. some lenders you may need to leave a small amount owing otherwise they'll assume the account has been paid and will automatically close. Cheers Jamie

Absolutely - do it right the first time every time. I think a lot of it comes down to banks/brokers just not understanding simple structuring too. Had an enquiry today where the clients previous finance person simply increased their PPOR loan to fund IP purchases - no split, just a...

Yep it is. Seems like a much more reasonable approach than the first option - it avoids nasty cross coll. Cheers Jamie