Hi, Im putting together a 12 month plan for a strong mortgage application next year - what is a brokers best advice regarding Equity vs Cash available? This property unlike my others would be for a primary residence, not investment. Im a high rate tax payer.
I have two options based on my goals -
Hold my current property equity, saving as much on the side as possible towards deposit
Sell some equity to contribute to a deposit (currently own 3 properties without mortgage)
Any help or advice appreciated! Thanks in advance