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If you have equity in your IP's it's definitely possible to access the equity to pay off the small loans. It's just a normal equity release. Like Terry says, we'd need to get vals done and see exactly how much there is to access.

It will depend on your lender as to whether they'll do it, but basically it's a security swap - you release the property you're selling, and replace it with a term deposit at the same bank (which is funded by the settlement proceeds that would normally be used to discharge the loan). Then...

Is using a term deposit as security for the loan an option, rather than paying it out? That would maintain deductions.