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  • FIRST POST
    • Gam2015
    • By Gam2015 16th Sep 17, 5:22 PM
    • 27Posts
    • 1Thanks
    Gam2015
    Remortgaging BTL
    • #1
    • 16th Sep 17, 5:22 PM
    Remortgaging BTL 16th Sep 17 at 5:22 PM
    Hi isit possible to release equity from my BTL property, current mortgage is £33k on the house worth about £80k, so isit possible to remortgage for £60k leaving 25% equity init and releasing funds. Thanks
Page 1
    • ACG
    • By ACG 16th Sep 17, 5:23 PM
    • 15,390 Posts
    • 7,782 Thanks
    ACG
    • #2
    • 16th Sep 17, 5:23 PM
    • #2
    • 16th Sep 17, 5:23 PM
    Yes, subject to the rent being enough and the applicant passing the affordability and credit checks.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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