Refer to Rolf's post
I.e. when you are assessed for servicibility, the bank uses a "floor" rate which may not drop with interest rates. But the...
I don't know about you, but that sounds too good to be true to me.
Think about your target market when you go to sell. Who wants to buy a 1 bedroom apartment? Not very many people.
My understanding is that when you redraw 50k it will be new borrowings. Its tax deductibility is dependent on what you use it for. If you use it...
That might be old news. The spread is getting smaller.
Would there be any issues with the deductibility of interest on the capitalised interest in these cases?
Just closed 4,546.00. :eek:
Does that matter much?
Yep. Google "Post–World War II economic expansion" and the "roaring 20s"
Both wars were followed by economic booms.
Yes and also, what about relief to home owners paying mortgages?
What's your point?
Yep, politely lay it on the old employer... as you said "only recently was able to receive the evidence of the over-payment from my old employer...
Separate names with a comma.