How to Remortgage to Buy another Property
One of the services we often help our clients with is advising them on how to fund the purchase of further properties. Releasing equity from an existing property is a popular option.
There are many reasons that you might consider a Remortgage to Buy another Property. Here are some of the most common reasons our clients tell us about:
- To Purchase a Holiday Home or a Second Home
- To invest in a Buy to Let Property
- To buy a holiday let or an Air BNB
- To invest in a commercial property
- To purchase a property for a child to live in at university
This might be a remortgage to purchase a second property or an additional property within your existing portfolio. Whichever option, we can help.
If you have an existing property portfolio, we’ll take time to understand how much equity you can release from your portfolio. And, if this is for a second property or your first Buy to Let purchase, we will explain how the process works.
We can also help with the mortgage for the onward purchase.
Our team of expert mortgage advisers can do all the calculations to find a solution to work for you. You are more likely to get a successful outcome if you use an experienced mortgage broker like us.
YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU REMORTGAGE.
A MORTGAGE IS A LOAN SECURED AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
Why Choose us?
Our experienced team is based in the heart of Salisbury, Wiltshire, but we can help you no matter where you live in the UK. If you want to find out more about us, visit our Meet the Team page.
We have:
- Over 80 years of experience in the mortgage and protection industry
- Access to specialist lenders and exclusive deals
- We have over 100 five-star reviews on Google
- Have helped hundreds of Buy to Let investors
How we work:
- Take time to get to know you and your intentions
- Personalised, hard working service
- Close relationships with specialist lenders
- Detailed research to ensure you save money
- Take care of the paperwork to minimise stress
- The experience to get a good result for you
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Email Dan HarrisDan Harris - Mortgage Adviser
working in mortgages in 2004. Since then, he has helped lots of Buy to Let investors. Dan has great attention to detail and will do the hard work to ensure you get the best recommendation. -
Email Dan AllenDan Allen - Mortgage Adviser
Dan Allen has worked with mortgages for over 10 years. He takes time to understand different lender criteria. His wealth of knowledge means he will know which lenders will work for you situation.