Jamie Moore replied to the topic How bad if PPOR and first IP are with the same bank? in the forum Finance 8 years, 6 months ago
Generally no issue having two (or three) properties with the same lender providing the loans are structured correctly (ie. not cross collaterised). There’s benefits having multiple loans with the one lender. You can usually negotiate a lower rate on the aggregate borrowings and if there’s an annual fee – it generally covers all the loans.
Cheers
Jamie
Jamie Moore replied to the topic How to avoid ex housing commission in the forum Help Needed! 8 years, 6 months ago
Hiya
Ex housing commission properties can make for good investments. If the numbers stack up – I wouldn’t eliminate them from your search altogether. Besides – some of these properties were built to last!
Cheers
Jamie