I have tried to sell my investment property but there doesn't appear to be any landlords buying at the moment.
so my last resort is keep it and return mortgage. I would need about 70% mortgage on the flat which is valued about 215k.
then I can use the money released for a deposit on a residential.
Any ideas which lenders do not require me to already own another place and aren't too strict on the rental income being high?
so my last resort is keep it and return mortgage. I would need about 70% mortgage on the flat which is valued about 215k.
then I can use the money released for a deposit on a residential.
Any ideas which lenders do not require me to already own another place and aren't too strict on the rental income being high?