Search results

Don't be embarrassed! Yes that sounds like a good way to do it and both loans should be deductible. Maybe rethink ME bank though unless you've got time on your side - their turn around times are appalling at the moment.

You need to understand that you can only borrow 100% of the purchase price in one loan if the are either 2 properties as security, (x-coll) or the price has risen enough to give you instant equity. You are not going to get 1 loan for 100%+ unless they take your ppor as security as well...

The short answer is no - you can't add these cost onto the loan. And with OTP you should plan to have a buffer saved just in case the val comes short. I would be very hesitant to buy OTP with no financial wiggle room. How long till settlement?