Some people taking comfort in owning their PPOR rather than renting. I certainly do - I like knowing that I can renovate when/what I like and there's no worrying about leases not being renewed.
It's different for everyone.
Cheers
Jamie
Hi Joe
My response will sound biased because I'm a broker - but by talking with the one banker you're restricting yourself to that one banks policies and servicing calculator.
I haven't crunched the numbers but it looks like your borrowing capacity will be tight.
Cheers
Jamie