Intrested to hear peoples feedback on my options.
I own a rental property in Dublin, valued at 390k, with a P&I mortgage of 99k with BOI. I currently own and reside in a property in Australia.
I wish to convert my BOI mortgage from P&I to intrest-only, releasing additional funds to allow me to purchase more property in Australia.
Any idea of issues/problems I am going to run into or need to be aware of.
Thanks
I own a rental property in Dublin, valued at 390k, with a P&I mortgage of 99k with BOI. I currently own and reside in a property in Australia.
I wish to convert my BOI mortgage from P&I to intrest-only, releasing additional funds to allow me to purchase more property in Australia.
Any idea of issues/problems I am going to run into or need to be aware of.
Thanks