Yes you can remortgage your home or even an existing buy to let property to buy second property or to develop your portfolio.
We are constantly asked for advice by borrowers on what they should do when it comes to mortgages. Buy to let can be a great investment opportunity, but finding the right mortgage for this purpose requires specialist advice.
With interest rates currently at an all-time low and with house prices rising, you may want to consider buying a second property. One way of raising the deposit may be by remortgage your home to buy second property to release equity tied up in your home. But it doesn’t stop there, if you have an existing property portfolio. You may want to take advantage of better interest rates and release capital to expand your portfolio.
It is important that you seek independent financial advice as it is highly unlikely that one lender will offer the best deal in both areas you to find the best rates from the whole market.
Why not find out what is the best mortgage options for you so contact us today.
Not all buy-to-let mortgages, or loans and debt services are regulated by the Financial Conduct AuthorityThe value of investments and the income from them may go down. You may not get back the original amount invested.Your home may be repossessed if you do not keep up repayments on your mortgage.The information contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK