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Help ( Buy to let mortgage)?
This is a discussion on Help ( Buy to let mortgage)? within the General Chat forums, part of the Main Category category; I already have a mortgage and i can renew it in about 2 months time. was thinking about a buy ...
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05-06-2008, 04:11 AM
| #1 |
| Guest Join Date: May 2008
Posts: 1
| I already have a mortgage and i can renew it in about 2 months time. was thinking about a buy to let and release some equity for a deposit but am unsure about lenders and wether or not you can still get a btl mortgage with current situation could anybody give me any advice on this matter?? Thanks peeps |
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05-06-2008, 04:16 AM
| #2 |
| Junior Member Join Date: May 2008
Posts: 1
|  If you are seriously considering buy to let I think it would be better if you wait for a few months...prices will go lower still and if you can save some cash in that time it will reduce your mortgage....some companies will give you your money if you use your other property as collateral...but rates I reckon won't be very good.....but wait! |
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05-06-2008, 04:16 AM
| #3 |
| Junior Member Join Date: May 2008
Posts: 1
| yes u can still get BTL mortgages, but the 'good' deals are harder to find. forget about releasing the equity, and aim to pay off as much of the mortgage as you can. |
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