Search results

Reply: 1.2 From: Geoff Whitfield Rolf, NAB. Last thing today, they came back to me. Their proposal is using my house & IP1 as security, instead of me using those properties as security for LOC, which was providing the deposit for the block of flats. Monday is bank holiday, so I can't find...

Reply: 1.1 From: Geoff Whitfield Rolf, I asked my banker exactly this- "Is it a residential investment?". He checked, came back, and told be that it was residential. But it looks as if the MI people treat it differently. Why didn't they tell me this 4 weeks ago? Thanks Geoff

From: Geoff Whitfield Hi, I've just been told I can't get mortgage insurance on a block of units (8 units, regional). Has anyone heard of this? I've heard there's 2 or 3 mortgage insurers who cover all the business. My institution has only dealt with one- would be interested in knowing the...