I would think twice about leveraging against your PPoR. Remember you can live in your house, but you can't live in shares. But if you have investment properties, then I don't see as much of an issue borrowing against those.
Try the ASX…
There's also restrictions with you being a future company director if you have been bankrupt in the past. If you're planning to start a new company, I would check that out.
From what I remember, you can't be liable for each other's debts in Oz BUT there's ways around it.
Generally you can't be liable for anyone's debts except your own (as long as your partner isn't a guarantor). The only…
Hi Nikki,
I was personally enquiring about mortgages lately and i know that at st george they have a product call the "portfolio loan". You can have each section of the loan (they call these sub accounts) applying to a different security…
Hi Vonny - welcome. What's your plan of attack to get the house in the next 2 years? While it's great to reduce the amount you borrow, you don't be too afraid of debt. It can be your friend too (so long as it's not personal debt, like the stuff on your credit card!)
Hi Nikky,
Apologies for the delay, I have been away on hols and a little time off due to illness. All better now. Has your' lender dropped their rates any further since we last communicated? Depending on your' total debt amount, you should…