Thanks Jamie.  I am giving myself around 6 months target for my next PPOR.  I think the loan split you explained was what the broker proposed.  Thanks again.

Jamie and Terrie, thanks for your thoughts.Jamie, what do you mean by "I would set this equity release up as a second loan though – so you can distinguish your future tax deductible debt (current loan) from your future non-deductible debt (the equity release for the next PPOR)."  Does this mean I need to split my loan from IP?  That would be wh…[Read more]