I believe the 1st step is to identify which property u intend to purchase, this being to get the estimation of price of purchase. In this scenario it is possible to maintain only 1 loan, by refinancing and the 2nd property price is lower than the refinancing amount. That means u buy cash from the refinancing amount. I wud advise u to refinance amount to cover ur new property purchase, ur Hire purchase and credit card debt if available. This is due to the lower interest charged and to consolidate ur debt into 1 a/c for better and able to save more $$ due to maintanence etc.. If ur interested to refinance, u may PM me. I am a mortgage consultant. Service & advis is FreeOfCharge. My number will pm to u.