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Poto

  • Poto replied to the topic Good loan structure advice needed for PPOR then IP after 6/12 in the forum Finance 15 years, 1 month ago

    Thanks for the response I am tossing up whether to go P + I whilst I live in the property, then going Interest only. Or possibly Interest only from the start. Interested in knowing opions of each direction

  • Poto replied to the topic Good loan structure advice needed for PPOR then IP after 6/12 in the forum Finance 15 years, 1 month ago

    I too am considering the original posters Idea. I wanna take advantage of the grant for 6 months then make the property an IP. I  will have to live in another town by then and probably rent initially before looking for a PPOR to buy.Regarding loans, I have spoken to the bank about going P + I initially then converting to Interest only. I thought…[Read more]

Poto

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