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  1. L

    Substitution of security!

    I don't have the forms in front of me. I will message my broker with the 2 documents that you have, thanks Brady. No I am not asking for any increase in borrowings.
  2. L

    Substitution of security!

    Maybe things have changed. I've just had a chat with my broker. He did not mention my details in the inquiry to CBA just a scenario! Phew! The docs do request a statement of income, so my broker is finding out whether supporting docs are required. At this stage I've not put an offer on another...
  3. L

    Substitution of security!

    Thanks Rolf. Yes, my broker wasn't aware of it until he was organising the 2 docs to keep both my loan and loc open. He's sent off an email to clarify saying that my income had changed to the original loan which I'm not sure was the right thing to do as I think that they will see this as a red...
  4. L

    Substitution of security!

    Prior to the sale of my PPOR I met with my broker to discuss holding my borrowing capacity open for a short period of time until I purchased another property. I have now found out that I will need to declare my income again with the substitution of security with no additional borrowings...
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