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Not all the time - you can get around this if need be. Cheers Jamie

In that case - prob best for your dad to pull some equity out of his PPOR - set it up as a second loan facility. He then contributes that equity - you contribute your savings. That way - his PPOR isn't crossed up with the IP and vice versa. Purchase as tenants in common with a 50/50 split...

Yeah it's pretty straight forward providing your dad has enough equity in his home. It's called a family guarantee/pledge. Most lenders allow it - some have quirks. Cheers Jamie