I currently own the house I live in and want to buy an investment property. My current LVR is 70/30. I was told the other day that if I buy a new build off the plans I only need to put down 5%. Is that right?
Is this a way to get around the 40% requirement on deposits for investment...
4 results in 0.0148 seconds.
-
LVR restrictions when buying off the plans
-
$4500 for drawing up plans for a small bathroom in existing laundry?? Ouch!
That is what i have been quoted from a local draughtsman.
$4500 to draw up a bathroom plan whereby i have provided the to-scale drawing, detail and measurements already .
Most of the expense he tells me is the council requirement for him to re-draw the entire house plans showing... -
Consent for renovations for house with no plans
Neither we nor the council have any plans for our 60s house that we are starting to renovate. People have told us this is a blessing in disguise as it means we can move whatever we want around as the council will not know where things were previously. We don't plan to move things a lot, just knock out... -
Plans from council?
I've ordered the property file for our house from council and the plans on file only show the outside of the property, there don't seem to be any showing the layout of the house itself. Is this something that council should have?
Two conservatories were added to the house in the early...