Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • Gam2015
    • By Gam2015 16th Sep 17, 5:22 PM
    • 29Posts
    • 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
    • 15,794 Posts
    • 8,093 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.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

722Posts Today

6,140Users online

Martin's Twitter
  • RT @TfLTravelAlerts: Oxford Circus and Bond Street stations now both reopened and all trains are stopping normally.

  • RT @metpoliceuk: We have not located any trace of suspects, evidence of shots fired or casualties. Officers still on scene. If you are in a?

  • My hopes and prayers are that this turns out to be nothing. Stay safe.

  • Follow Martin