Hi All
Just wondering how to best set things up for the next property purchase.
I have one LOC, against my PPOR, which I've used for deposits for two properties. I was going to increase me LOC limit and use for the deposit on another property but is there a better way? With my existing LOC structure I found it difficult to accurately apportion interest to each IP.
Is it common to have separate LOC's (against say a PPOR) for each IP?
Thanks
Just wondering how to best set things up for the next property purchase.
I have one LOC, against my PPOR, which I've used for deposits for two properties. I was going to increase me LOC limit and use for the deposit on another property but is there a better way? With my existing LOC structure I found it difficult to accurately apportion interest to each IP.
Is it common to have separate LOC's (against say a PPOR) for each IP?
Thanks