Avoiding the six-month wait to remortgage

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    #46
    Originally posted by usemobile View Post
    Thanks for your info, Just contacted Natwest but they more hard to get.

    Any commercial lender available pls

    Look forward to u
    There are commercial lender options available if you have bought the property below value in a poor condition and have renovated it to enhance the value. They will ask for evidence of works carried out, such as invoices from tradesment etc.

    There are strict criteria PM me if you want more specific information.
    Deborah
    -------------------------------------
    Comments I post are believed to be accurate, but I accept no legal responsibility. As I do not know your individual detailed circumstances my comments are based on general information and/or opinion not professional advice. To receive professional advice on BTL and Commercial Finance you will need to become a client of our firm.

    Comment


      #47
      I have recently set up a property business and aim (after a lot of research (this being some) and a bit more saving) to start on the renovation ladder.

      Could you let me know more details on the criteria of potential mortgage co.'s that will look at re mortgage before 6 months of ownership (after renovation).

      I'd like to have a full understanding before making any moves.

      Comment

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