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Re that point My solicitor was acting for clients buying NRAS. Vals were never disclosed as they cross secured their unencumbered PPR... vals done for mortgage security only... So the lender would be beyond happy with the LVR/Security aspect

Maybe another aspect which I think was discussed previously is what if you decide to sell and the property is currently under NRAS. Id figure that its not like you can just convert it overnight to a 'normal rental' and then increase the rent and may have to wait until the anniversary/year...

But the "nras benefits' make up for this dont they (i.e. tax/cash)?

Question for you if I may BC (and everyone else)... please correct me if I'm wrong but I'm still trying to figure out a few things. I'm finding some of the developers (not saying you/your firm) *have different setups on how they manage the property as well as terms and conditions (i.e...