Thanks for that Terry – Much appreciated

Tom D

Thanks Terry,

What Here is a working example of what I mean.

I purchase a property at 80k (market rate) with a 10% deposit.
I renovate the property so that it’s worth 100k. I now have 30% equity in the deal.
At this point if I was to wrap the property, would lenders (for future mortgages) consider this the same as if I had used a 30% deposit in…[Read more]