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ritfor
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Last Activity: 29-01-2021, 11:09 AM
Joined: 14-10-2018
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  • ritfor
    replied to Appropriate finance
    Sorry, I should have stated that funds for the deposit and renovation would be available

    If initially bought with a BTL mortgage therefore, would the soonest one could re-mortgage be after the initial two year fixed rate period, and not within that period (i.e. after six months)?
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  • ritfor
    started a topic Appropriate finance

    Appropriate finance

    Hello,

    What is the legally correct way to purchase a property (step 1, below) with the following plan. (Oh and "cash" can't be the answer in this instance!)

    1. Purchase empty, but mortgageable
    2. Renovate
    3. Let
    4. (re)mortgage after 6 months ownership...
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