General (main property discussion here) - Any Help would be great Help!

I am assuming you will be taking a second charge on the property,i also assume you are doing this because your salary isn't enough to cover the mortgage.

This means the interest will be high. Either that or you can self cert, which again is high.

Give me a ring I can help 01460 55593

teresa

Hi James,

Although you can not absolutely depend on it, the rental income should go most if not all the way towards covering the loan (that should be your aim anyway).

The alternative is to use your available funds to secure the properties (BMV?) and quickly sell on until you build up your funds.

Good luck!

Carl Henry http://www.CarlHenryProperty.co.uk

James

If you give me a ring I can arrange a good loan ( we are licensed mortgage reps )

01460 55593

Regards

Teresa