We are planning to rent out our existing property and buy another property for living. I’ve talked to the bank where we have our current mortgage and looks like the procedure is quite difficult. I am just wondering if any of you have encountered a similar situation. Our current situation is that current mortgage and title on mine and my wife’s name. Currently my wife is working casual/part time and doesn’t earn much money. Below are the things I would like to have ideally and not sure if it is possible. I guess this is fairly a common scenario and wondering if you have any similar experiences. 1. Take this mortgage (investment) ownership under my name for tax purposes. 2. I want to increase the current mortgage to 90% of the value and use that founds for the next property which will be OC. And then use that full 90% for tax deductions. I think I’ll have to talk to an accountant and may be to a solicitor before proceed. Before that I am just wondering if this is possible at all.. Thank you guys!