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Reason needed for remortgage equity release?
I am trying to remortgage a buy-to-let property I own in order to release equity from the property. I would be releasing around 80k from the property. But my mortgage broker has said I need to give a reason for why I want to release equity from the property. I wasn't aware providing a...- Adam Kahn
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- Replies: 6
- Forum: Property Finance, Real Estate Loans and Mortgages
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Getting second charge mortgage against Right to Buy property
I bought my property under the Right to Buy scheme two years ago. However, I would like to move to another part of the country for a permanent work opportunity where I would ideally like to live in a property I own. I currently have just over 200k equity in my RTB property. I’m wondering if I...- Adam Kahn
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- Replies: 3
- Forum: Property Finance, Real Estate Loans and Mortgages
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Will new stamp duty changes affect me?
I want to remortgage my home into a buy-to-let mortgage after April and move into rented accommodation. Could stamp duty changes affect me? I currently live in a three bedroom house that I have a normal residential mortgage on. It has been my only residence since 2010. However, due to changes...- Adam Kahn
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- Replies: 4
- Forum: General Property Investment Discussion