Re-mortgage for buy to let

Ben27

Hi Guys,

Wondered if you could help me. I'm trying to help my mother in law with re-mortgaging a buy to let mortgage that has come to the end of its term.

There is about £80k left still owing on a property worth around £170k. My mother in law is 72. She wants a repayment mortgage ideally, but wants it to be flexible, so she can pay the lot off in a few years when she will receive a lump sum. The rent is approx £650 and she has other income too to support the application if necessary.

Nationwide, (the buy to let arm who mortgage was previously with) have sent through an application expiring in 2029 at 3.44% but don't say anything about overpayments at all.

Any help or advice you could give mt to pass on would be gratefully received.

Cheers,

Ben.