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I am looking into re-mortgaging my PPR located in Bristol which has £100k equity in it. I had an offer for re-mortgaging for £100k so that would leave me with £27k after paying my present mortgage off.
Does anybody think that there are better deals out there?
Is it possible to get a 80-90% re-mortgage (LTV mortgage)?
Whom can I contact?
Many thanks for reading this post.
Gabriela |
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Hi there,
Mortgage Express will offer upto 90% true self cert no income checks done at all. Rate 5.50% discounted for 3 years then free to move.
If you can prove all your income then you could raise upto 125% either with the same lender or Northern Rock.
All the best
Alex M alex@oakhillmortgages.co.uk 08000 19 22 55 |
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Alex,
Thank you so much for this.
I have proof of income - I earn approx £19k. Would this be ok for a 100-125% on interest basis so I can raise the neccessary capital for buying properties?
If reply is positive, and I buy my first buy-to-let using part of the raise capital as a deposit, could I go back to same lender for a BTL mortgage..would it matter if it a short time in between re-mortgage and BTL mortgage?
Thank you, Alex.
Gabriela |
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Alex was your email down again? |
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MMM, yes Frank BT nightmare ill get them all at once, they are possibly updating servers again without telling people, im just waiting for the 12 mths to be up then im off.
Gabriela Sampson - your income is not enough so you would need to self cert max is 90% Mortgage Express.
Alex M alex@mortgage-network.co.uk |
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I will give you a ring on Monday Alex. |
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cheers Frank, have anice weekend mate.
Alex M |
