Thank you Richard. I am in the midst of getting some professional advice. I appreciate yours and the other members input and will keep the above in mind.

Hi all, thank you for your replies.

Thank you Jamie for clearing that up for me – I was under the impression that I will be able to use guarantor… In saying that, does that mean I can use them to put up another 10%, so taking my total deposit to 20% and avoid the LMI and also reduce the amount I need to borrow which may tie me over…?

I will…[Read more]

Hi Richard, thank you for your reply.

It is a one part contract where it is a house and land package. I have yet to receive a transfer of title or something similar… Not sure if this is what you meant.

At the time of singing, it was under both of our names.